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Components|Financial|Housing|SECURITY|Transnet|transport
Components|Financial|Housing|SECURITY|Transnet|transport
components|financial|housing|security|transnet|transport

Transnet, Satawu sign three-year wage deal

27th March 2025

By: Schalk Burger

Creamer Media Senior Deputy Editor

     

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State-owned Transnet and labour union the South African Transport and Allied Workers’ Union (Satawu) have signed a three-year wage agreement for increases of 6% in the first two years and a 5.5% increase in the third year.

The above-inflation offer, which comes into effect on April 1, represents a 17.5% wage increment over the three-year period.

The offer includes increases to basic salary and related components, such as the yearly incentive thirteenth cheque and pension fund contribution, medical aid subsidy and housing allowance.

Transnet considers the offer to be reasonable and fair given the current financial and operational challenges and takes into consideration the cost of living, the wellbeing of employees, job security and the organisation’s long-term financial sustainability, it says.

Labour union the United National Transport Union has, however, rejected the offer and indicated it will not take it to its members.

“Transnet remains positive that this offer will be accepted by all employees,” it says.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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