2024 Wage Negotiations Update

”With South Africa’s economic outlook unlike any experienced before, the time was
ripe for parties to work together and more so, in the area of industrial policy, to
construct a collective agreement that quickly and with minimal angst and anxiety
settles the vexed issue of wages and brings all stakeholders together to jointly
formulate a framework focused on re-building and repairing public infrastructure,
alleviating bottlenecks constraining economic growth, while ensuring the long-term
sustainability of the metals and engineering sector, which is critical to the
reconstruction, reindustrialization and development of the economy.”

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