Transnet wage offer accepted by unions

Commenting on the agreement, group chief executive, Brian Molefe says, "This milestone will go a long way towards strengthening relations with our most important stakeholder - our employees - and I believe this will have a significant impact on morale and productivity. Crucially, this settlement will enable us to focus on achieving our operational goals for the year. It's also encouraging that this was done with no disruption to our operations, a positive sign for our relationship."

Zenzo Mahlangu, Satawu's general secretary says, "We are happy with the agreement and we are quite impressed that although there were issues, there was also a high level of maturity on both sides. That we were able to agree on terms without resorting to drastic measures shows that we are heading in the right direction and that we are growing."

Adding his comment on the offer, Utatu president George Strauss says, "The union is happy with the settlement and, given the financial circumstances, it's very good for our members. We believe that it will have a positive impact on staff morale as it betters our working conditions and I am sure that our members will respond positively."

"We would like to thank all our colleagues and members of our recognised trade unions for the leadership they have shown and their hard work in ensuring that we have reached an amicable settlement in a mutually respectful manner," concludes Molefe.