The marathon strike in the steel and engineering sector is finally over. The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) has announced that it has reached a landmark wage agreement with the National Union of Metalworkers of South Africa (NUMSA).
The three week-long crippling strike has cost the industry over half a billion-rand. Meanwhile, striking workers have lost in excess of R200 million in salaries due to the no-work no-pay rule.
Both SEIFSA and NUMSA are scheduled to announce details of the agreement on Thursday afternoon.
SEIFSA CEO, Lucio Trentini, has told SABC News that a massive effort to reverse the devastating impact of the strike is needed.
“The intention of recommending an implementation to send a signal to the unions that have not yet accepted the agreement that this is the end of the road. This is the best final offer that employers that are members of SEIFSA can align themselves with,” says Trentini.
VIDEO: Numsa to deliberate on whether to call off the marathon wage strike [20 Oct 2021]
![[File Image] African National Congress (ANC) President Cyril Ramaphosa.](https://www.sabcnews.com/sabcnews/wp-content/uploads/2022/03/Ramaphosa-Reuters-1-120x86.jpg)
