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BL Premium reports that the 3,000 workers employed in the glass sector will receive above-inflation wage increases after the National Union of Metalworjkers of SA (Numsa) clinched a two-year wage deal with employers this week.
The wage agreement with the Glass Industry Employers Association will see employees receiving a 5.5% wage increase in 2025 and 6% in 2026. The consumer inflation rate is hovering at about 3%. The agreement is from 1 July and expires in June 2027. Numsa spokesperson Phakamile Hlubi-Majola advised that the pay deal would be extended to nonparties to ensure “the gains reach every employee.” The deal will see the minimum wage per month increase from R8,700 to R9,300 during the two-year period.
According to market intelligence platform ReportLinker, SA is set to become a major player in the global glass market, with imports expected to reach $321.6m by 2026, an increase of 1.3% compared to 2021. Meanwhile, SA’s glass recycling industry injects more than R300m into the economy, according to The Glass Recycling Company.
- Read the full original of the report in the above regard by Luyolo Mkentane at BusinessLive (subscriber access only)
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