Biggest Union Rejects Pay Deal at South Africa’s Transnet
Wage talks between state-owned South African port and rail operator Transnet SOC Ltd. and its biggest labor group have deadlocked, as the company signed a three-year agreement with a smaller union.
The United National Transport Union rejected an offer by Transnet management for a wage increase of 6% annually in the first two years, and 5.5% in the third year, the company said in a statement. The South African Transport and Allied Workers’ Union accepted the deal.