JOHANNESBURG, July 24 (Reuters) – Workers and employers in
South Africa’s petroleum sector have agreed on a two-year wage
deal, a labour union said on Tuesday, averting a repeat of last
year’s strike that left hundreds of dry pumps across Africa’s
biggest economy.
Labour union Solidarity said in a statement the deal
includes an 8 percent pay rise for 2012 and a consumer price
index (CPI) plus 2 percent increment from April 2013.
Solidarity said the agreement for next year was on condition
that should CPI drop to below 5 percent, the raise would not be
below 7 percent. Should inflation rise above 8 percent then the
wages would be raised by not more than 10 percent, it said.
Sasol, PetroSA and Engen are some of the biggest
employers in the sector.
(Reporting by Olivia Kumwenda; editing by David Dolan)
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