Finance: Road Freight Industry Negotiations
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The Road Freight Employers Association (RFEA) has put a final offer to the party unions (SATAWU, MTWU, TAWUSA, TAWU) to the NBCRFI, proposing 11% on the MINIMA and 11% on Across the Board wages, which seem to be the major issue in dispute at the moment.
The offer is conditional in that it will expire by midnight on 4th March 2009, or at a time when we receive confirmation of the Unions’ intention to embark on industrial action, whichever is earlier. Upon expiry we will revert to our previous offer as at 21st January 2009.
This offer was made in an attempt to break the current deadlock in industry negotiations. The RFEA has proposed this exceptional final offer despite the fact that GDP figures issued yesterday indicate that we are heading for a recessionary environment, and CPI figures to keep declining.
In addition Companies within our industry are facing extreme economic hardship, with a number of them already having had to close their doors and a substantial number being forced to retrench.
We believe our offer to be more than reasonable.
To date we have not received any official notice of strike from any of the Unions mentioned.
Business News Sector Tags: Finance|