Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

South Africa Metals Strike Continues as Union Decides on Offer

July 28 (Bloomberg) -- The National Union of Metalworkers of South Africa plans to announce today whether it accepts an the latest offer from employers and end a month-long wage strike in the metals and engineering industries.

“The strike continues,” Numsa General Secretary Irvin Jim said by phone. The union will probably announce its decision at 4 p.m. local time, he said. The labor action by 220,000 workers is costing the engineering industry about 300 million rand ($28.5 million) a day, according to employers.

The Steel and Engineering Industries Federation of Southern Africa, the biggest group of employers that’s known as Seifsa, offered a 10 percent annual wage increase for the lowest-paid workers for three years. Numsa has rejected a clause in the proposal that would prohibit unions from debating employment issues with individual businesses.

“We are hoping that their internal discussion will allow us to conclude an agreement,” Seifsa Operations Director Lucio Trentini said by phone.

Central Bank Governor Gill Marcus warned last week about the effects of awarding of double-digit pay increases while inflation breached the bank’s target for a third month.

To contact the reporters on this story: Rene Vollgraaff in Johannesburg at; Kamlesh Bhuckory in Johannesburg at

To contact the editors responsible for this story: Nasreen Seria at Karl Maier, Ana Monteiro

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.