As per the settlement, labour cost will rise 5 percent for metro areas while 6.4 and 8.3 percent for non-metro areas.
This wage settlement covers almost 80,000 workers employed in 1,000 workplaces and Government will have to infuse R100 million into economy due to fresh wage settlement.
Andre Kriel, SACTWU's Deputy General Secretary and Chief Negotiator stated that trading conditions are not favorable this year despite that, both companies and union settled the issue successfully.
This peace settlement will lead to better development and progress of industry and workers.