S. Africa’s Biggest Labor Group to Balance Pay, Job Security

  • Lower-paid workers should get increases above inflation
  • South Africa’s Cosatu may negotiate multi-year pay pacts
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South Africa’s largest labor group said it will encourage its member unions that represent 1.9 million workers ranging from teachers to miners to balance wage demands with the need to preserve jobs when salary negotiations in their industries begin.

“You don’t want to get an increase and then thereafter people are retrenched and only a few remain to enjoy the benefits of that particular increase.,” Bheki Ntshalintshali, general-secretary of the Congress of South African Trade Unions, or Cosatu, said Thursday in an interview at Bloomberg’s Johannesburg office.