South African labour union to strike at ArcelorMittal over wages
Reuters
Published May 10, 2022 01:52AM ET
CAPE TOWN (Reuters) - South Africa's metal-workers' union said it will launch a wage-related strike on Wednesday at ArcelorMittal (NYSE:MT) South Africa Ltd after talks with the management over salary hikes hit a deadlock.
The National Union of Metalworkers of South Africa (NUMSA) said on Monday it had provided a 48-hour strike notice, in line with labour regulations after mediation efforts failed.
NUMSA sought an across-the-board wage increase of 10%, a housing allowance, and an 80% medical aid contribution from the employer, among other demands.
Africa's biggest steel producer, majority owned by Luxembourg-based ArcelorMittal SA, has only offered 5% across the board, as well as cash incentives, the union said, adding, "We reject this proposal."
ArcelorMittal spokesperson was not immediately available for a comment.
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Written By: Reuters
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