Today's Labour News

newsThis news aggregator site highlights South African labour news from a wide range of internet and print sources. Each posting has a synopsis of the source article, together with a link or reference to the original. Postings cover the range of labour related matters from industrial relations to generalist human resources.

uasa thumb medium70 84TMG Digital reports that the United Association of SA (Uasa) says that employers can expect workers to “demand higher wages to enable them to cover their expenses and take care of their families” as a result of Wednesday’s 7.5% petrol price hike.  

The union said the 88c/litre increase in Gauteng “will have a negative effect on inflation to the detriment of South Africa’s workers”.  Uasa referenced economist Mike Schussler as saying that “the price hike together with the 30c rise in the fuel levy‚ the rising cost of food‚ will add 0.44% to inflation directly and will keep April inflation close to 7%-8% instead of the hoped for decrease”.  The union went on to state:  “Add to this the results of the drought and the expected food inflation of between 15% and 20% over the next two years‚ as well as the recently increased interest rate and workers will have to fasten their belts as never before.”


Get other news reports at the SA Labour News home page