Numsa ends ArcelorMittal strike after signing wage deal

The National Union of Metalworkers of SA , which embarked on a strike on May 11 demanding a 10% wage hike, said it had agreed on a 6.5% increase across the board — on basic pay and allowances — backdated to April 1.

The company, Africa's biggest steel producer which is majority owned by Luxembourg-based ArcelorMittal SA, also agreed to make a one-off payment to all workers of R5,000, the union said. “Numsa is pleased to announce that it has signed an above-inflation increase for all workers at ArcelorMittal South Africa ,” Numsa said in a statement late Wednesday.

“We met with the executives of the company today to negotiate an end to the strike our members accepted. As a result, the strike at Amsa is over.”

Finally we going back to work although we didn't get what we actually deserve

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Student union calls for bold measures to deal with violence against women on SA campuses | CitypressIn the statement, the union is calling – among others – that within 24 hours of the alleged incident, the university must apprehend and remove the alleged perpetrator on campus
Source: City_Press - 🏆 7. / 72 Read more »

TymeBank Announces Coen Jonker as the Group's CEO in SA - IT News Africa - Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and ReportsTyme Group, which is one of the world’s fastest-growing digital banking groups, has announced a series of leadership changes including appointing Coen Jonker as the Group’s CEO in South Africa as it embarks on the next chapter of its growth strategy. This follows TymeBank’s rapid growth in South Africa, where the bank is becoming entrenched […]
Source: ITNewsAfrica - 🏆 27. / 59 Read more »

Return Ticket: How reviving SA tourism can stimulate growth and job crBrandon de Kock, Director of Storytelling at BrandMapp South Africa, offered a balanced, fair and factual perspective of South Africa’s economy. If you enjoyed today’s webinar, join tomorrow’s discussion:
Source: dailymaverick - 🏆 3. / 84 Read more »

Electronic pop group Clean Bandit heading to SA for Rocking the Daisies | ChannelBritish multi-platinum selling, electronic pop group Clean Bandit is heading to South Africa for the 2022 edition of the Rocking the Daisies music festival.
Source: Channel24 - 🏆 48. / 51 Read more »

Passport fraud risk mistrust of SA documents abroadIdentity thieves and South Africans who sell their personal information to illegal foreigners are putting the country at the risk of being severely scrutinised for international travelling. Foreign criminals have turned South Africa into their toilet MokoneTboss The Anc lead government is the route cause of all this problems nd the least they could do for the country is to step aside as they have failed the country..... Thanks a lot Department of Home Affairs we are now sitting with useless passports.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

SA unit trust assets stay above R3-trillion despite Ukraine crisisThe Association for Savings and Investment SA says net inflows into the sector topped R70.7bn in the year to end-March
Source: BDliveSA - 🏆 12. / 63 Read more »