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Transnet puts contingency measures in place as rail, port workers strike

State-owned Transnet has recommended that, with some staff members throughout its operations embarking on strike action following non-resolution in the continuous wage negotiations, contingency strategies will be executed, with the company swearing to do all in its power to guarantee the safety of centers and workers. Staff have likewise been notified that the concept of no work-no pay will be imposed, Transnet said on October 6.

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Airbus forecasts that aviation services will more than double in value over next 20 years

Global major aerospace group Airbus on Thursday released its latest Global Services Forecast (GSF), which covers the aviation services sector. The GSF covers the next 20 years and predicts that the value of this market will climb from the current $95-billion to more than $230-billion in 2041. Airbus also expects the sector to recover to its pre-Covid-19 pandemic levels during next year. “Every day millions of people in services, hidden champions behind the scenes, keep our global fleet of …

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Transnet increases wage offer to 3%

State-owned Transnet will officially table a better wage deal to the leadership of its identified labour unions– the South African Transport Allied Workers’ Union (Satawu) and the United National Transport Union (Untu)– this week. The brand-new deal forms part of continuous efforts to find a resolution to the current deadlock in wage negotiations. Transnet previously tabled a 1.5% wage boost offer, which has actually resulted in both Satawu and Untu stating their members will embark on commercial action at Transnet’s rail and ports operations.

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