There is some good news for South Africa as the devastating strike at Transnet – costing the country’s economy billions daily – seems to be coming to an end after United Transport & Allied Trade Union (Untu) agreed to a 3-year wage deal on Monday (17 October).
There is some good news for South Africa as the devastating strike at Transnet – costing the country’s economy billions daily – seems to be coming to an end after United Transport & Allied Trade Union agreed to a three-year wage deal on Monday .
Despite this, Derby said that Transnet expects operations to be at full tilt by Thursday , adding that if workers do not return by then, there will be a “no work, no pay” policy in effect. In a statement released on Tuesday, Transnet said that at the ports, the focus remains on clearing the backlog of vessels at anchorage and alongside the quay – including bulk, break bulk and containers.
“So the port terminals are where a lot of hard work is needed to be done over the next couple of weeks,” she said. The prolonged strike action at Transnet has had a devasting toll on the economy, with the company essential to South Africa’s export and import industry. Valuable commodities like iron, coal and other ores have not been able to move through the ports.
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