Loading prices...

Register/Sign in
ScrapMonster
Are ads getting in your way? Register for Ad-free pages and live data.
Get an instant offer on your damaged car
Steel News July 30, 2014 03:00:03 AM

SEIFSA welcomes the end of NUMSA strike that caused enormous losses to SA metal industry

Paul Ploumis
ScrapMonster Author
The Steel and Engineering Industries Federation of South Africa (SEIFSA) has welcomed the NUMSA decision to end the month-long strike which had resulted in enormous losses for the country's metal industry
SEIFSA welcomes the end of NUMSA strike that caused enormous losses to SA metal industry

SPOKANE (Scrap Monster): The Steel and Engineering Industries Federation of South Africa (SEIFSA) has welcomed the NUMSA decision to end the month-long strike which had resulted in enormous losses for the country’s metal industry. The Federation called for all stakeholders in the metals and engineering sector to work together towards the growth of the industry.

NUMSA had called off the strike following an agreement reached between the companies and the union on several outstanding issues, particularly on Section 37, which was a major bone of contention. SEIFSA had to settle with a compromise wording on the matter, as the union rejected the Federation’s preferred wording. It expressed the hope that the compromise wording would shield companies from two-tier bargaining. The union also had accepted the revised offer of 7.5% to 10% pay hike per year for three years according to grade.

The striking NUMSA workers have been demanding 10% wage hike every year for the next three years. The strike which began on July 1st has brought vast number of companies to a standstill. The striking 220,000 workers had threatened to drag another 100,000 of its members from other sectors into the strike.

As per reports, the strike had adversely affected those companies supplying components and parts to car industry. The strike had also affected other manufacturing sector companies.

Are ads getting in your way? Register for Ad-free pages and live data.

How to Recycle

Proper Disposal of Alkaline Batteries

Proper Disposal of Alkaline Batteries

Improper disposal of alkaline batteries can result in various negative consequences. Explore our blog post to discover safe disposal methods.
Christmas Tree Recycling - Responsible Ways

Christmas Tree Recycling - Responsible Ways

Proper preparation and using a reliable Christmas tree recycling directory ensures responsible disposal and maximizes the benefits.
Stop Throwing Away LED Light Bulbs -- Do This Instead

Stop Throwing Away LED Light Bulbs -- Do This Instead

Stop throwing away LED light bulbs and dispose of them responsibly. Proper disposal ensures environmental safety and sustainability.
powered by RecyclingMonster
Are ads getting in your way? Register for Ad-free pages and live data.
×

Quick Search

Advanced Search