ANALYSIS | Public sector wage negotiations - weighing up the impact of strikes, retrenchments and downgrades

accreditation
Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
0:00
play article
Subscribers can listen to this article
Minister of Public Service and Administration, Senzo Mchunu.
Minister of Public Service and Administration, Senzo Mchunu.
GCIS

Public sector wage negotiations resumed on Friday against the backdrop of the "bad state" of the economy and Treasury's plans to achieve debt stabilisation in the medium term.

But some unions are threatening to strike if government keeps to its proposed wage freeze.

The Public Service Coordinating Bargaining Council met on Friday to discuss the wage agreement for the 2021/22 financial year. Trade unions seek an inflation increase plus 4%, while the State has offered a zero percent increase.

Support independent journalism
Subscribe to News24 for just R75 per month to read all our investigative and in-depth journalism.
Subscribe
Already a subscriber? Sign in
Rand - Dollar
14.25
+0.3%
Rand - Pound
19.81
-0.3%
Rand - Euro
16.95
+0.0%
Rand - Aus dollar
10.72
-0.2%
Rand - Yen
0.13
+0.0%
Gold
1,778.37
+0.8%
Silver
25.98
+0.7%
Palladium
2,504.39
+1.5%
Platinum
1,041.50
+0.3%
Brent Crude
73.51
+0.6%
Top 40
59,379
-0.2%
All Share
65,452
-0.3%
Resource 10
60,859
-0.2%
Industrial 25
87,992
+0.0%
Financial 15
12,823
-1.3%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Voting Booth
Should government have assigned a majority shareholding in SAA to the private sector?
Please select an option Oops! Something went wrong, please try again later.
Results
Yes, It's a good decision
65% - 213 votes
Not a good move
10% - 33 votes
Too early to tell
25% - 84 votes
Vote