Wednesday, June 20, 2007

South Africa Increases State Workers' Pay Offer, Strikers Given Deadline

(Bloomberg) -- South Africa's government offered to
pay its 1.1 million state employees an average wage increase of
7.5 percent and improve their housing benefits in a bid to end a
strike that began June 1.

The government has given unions until 6 p.m. local time to
accept the package or will revert to its previous offer of 7.25
percent, union negotiator Chris Klopper told the South African
Broadcasting Corp. today.


Read more at Bloomberg Emerging Markets News

No comments: