Solidarity accepts Eskom's 7.5% wage offfer

Trade union Solidarity has announced it has accepted Eskom’s wage offer of a 7.5% increase after weeks of negotiations and industrial action.

The trade union has also agreed on a further 7% wage hike for the next two years and an increase on housing and a once off payment of R5,000.

Solidarity is the only union to reach an agreement.

The union's spokesperson Dirk Hermann says accepting the offer was the best thing to do.

We think it is a fair offer if you look at the circumstances. At some stage one must balance the interests of the country, Eskom and the interest of your members.

Dirk Hermann, Solidarity spokesperson

Meanwhile the National Union of Mineworkers (NUM) chief negotiator Helen Diatiile says they will continue deliberations with its workers.

At the moment it is safe to say we are at the point where we can go to members and say we don't think we can stretch more than we have successfully but we will still test.... we know members of NUM and Numsa are very reasonable, they will appreciate that.

Helen Diatiile, Numsa chief negotiator

Click on the link below to listen to the full conversation...


This article first appeared on 702 : Solidarity accepts Eskom's 7.5% wage offfer


Recommended

by NEWSROOM AI
Read More
[LISTEN] I predict that electricity prices will double by 2022- Ted Blom

[LISTEN] I predict that electricity prices will double by 2022- Ted Blom

Energy analyst Ted Blom says the inexperience of Eskom management is causing the wage standstill.

[LISTEN] Eskom insists there will be no bonuses despite threats from unions

[LISTEN] Eskom insists there will be no bonuses despite threats from unions

Eskom spokesperson Khulu Phasiwe says they are ready to meet with unions on Friday to negotiate wages only, not bonuses.

China commits to invest $14.7 billion in South Africa

China commits to invest $14.7 billion in South Africa

Dr Martyn Davies says a bulk of this money is going into saving the cash strapped state owned entities like Transnet and Eskom.

Eskom borrows R33.4 billion from China (backed fully by you, the taxpayer)

Eskom borrows R33.4 billion from China (backed fully by you, the taxpayer)

The Money Show’s Bruce Whitfield interviews Dr Iraj Abedian, CEO at Pan-African Investments and Research Services.

SA and China sign multi-billion rand deals ahead of of BRICS summit

SA and China sign multi-billion rand deals ahead of of BRICS summit

The most notable agreement is a loan of $2.5 billion provided to Eskom from the China Development Bank.

Eskom not laying charges against McKinsey

Eskom not laying charges against McKinsey

Sikonathi Mantshantsha says Eskom states it has laid criminal charges against its former employees but not against McKinsey.

Popular articles
Why flights between JHB and Cape Town could become a few minutes longer

Why flights between JHB and Cape Town could become a few minutes longer

SA Flyer Magazine editor Guy Leitch explains the impact of the Northern Cape SKA radio telescope on flight times.

 Allow farmers to go off the Eskom grid and turn to solar power - Agri SA

Allow farmers to go off the Eskom grid and turn to solar power - Agri SA

Agri SA’s Nicol Jansen, explains how SA's agricultural industry could benefit if more farms were allowed to go off the Eskom grid.

NG Kerk minister condemned for showing solidarity with Christchurch victims

NG Kerk minister condemned for showing solidarity with Christchurch victims

NG Kerk dominee Riaan de Villiers says he was told he is not allowed to call Muslims our brother and sisters, and children of God.

'South African society even more unequal than under apartheid'

'South African society even more unequal than under apartheid'

Independent consultant at the Thabo Mbeki Foundation Professor Barney Pityana blames political leadership for the moral decay.

[WATCH] Chaos as suicidal SA pilot crashes plane into clubhouse

[WATCH] Chaos as suicidal SA pilot crashes plane into clubhouse

Khabazela shares tweets and Facebook posts that have gone viral.

Paramedics fear for their lives as attacks on EMS crews continue

Paramedics fear for their lives as attacks on EMS crews continue

An ambulance crew was held at gunpoint, assaulted and robbed of their belongings while on a call out in Khayelitsha.

DStv subscription price hikes for 2019

DStv subscription price hikes for 2019

MultiChoice will increase the prices of certain DStv packages from 1 April.