THERE seems to be no end in sight for the strike by the National Union of Metal Workers of South Africa (NUMSA) despite it proving costly to the economy.
The strike is estimated to gobble R300 million per day.
The strike by NUMSA’s 220 000 workers, which started at the beginning of the month, is severely affecting 12 000 companies across the country.
With the salary negotiations stalling, it appears the companies would continue to experience huge losses.
In a move widely seen as a strategy to intensify the strike, NUMSA secretary general, Irvin Jim, is scheduled to meet national office bearers of the union on Saturday in Pietermaritzburg, KwaZulu Natal.
There are fears the meeting would trigger accelerated industrial action that will see the economy bleed further.
NUMSA’s industrial action came a month after another crippling five-month
industrial action by the Association of Mineworkers and Construction Union (AMCU), which left the platinum sector paralysed.
According to records, there were 336 strikes and protests in South Africa this year alone while last year at least 714 industrial actions were recorded.
Source : CAJ News Agency