You are currently viewing our desktop site, do you want to visit our Mobile web app instead?

2 000 MTN employees to strike – union

To demand higher bonus payments.

JOHANNESBURG – South Africa’s Communication Workers Union (CWU) said its 2 000 members working at telecommunications operator MTN Group would strike on May 20 to demand higher bonus payments.

The union is also demanding a 10% salary increase and higher remuneration for work done over the weekend and holidays. It also wants contractors turned into full time employees.

“Since March 12, workers at various MTN warehouses have been embarking on work stoppages to demonstrate their dissatisfaction over management’s reluctance to address their concerns, in particular the issue of annual bonuses,” CWU said in a statement.

The union said MTN was offering workers a 4% guaranteed bonus, whereas they wanted 16%.

MTN’s spokesman declined to comment on the strike but said the company had 6 500 staff inSouth Africa.

Some workers at MTN belong to other unions.

MTN shares were up 0.63% at R234.85 at 17:05, outpacing a 0.24% rise by Johannesburg’s Top-40 index.

Get access to Moneyweb's financial intelligence and support quality journalism for only
R63/month or R630/year.
Sign up here, cancel at any time.

COMMENTS   0

You must be signed in to comment.

SIGN IN SIGN UP

LATEST CURRENCIES  

USD / ZAR
GBP / ZAR
EUR / ZAR

Podcasts

NEWSLETTERS WEB APP SHOP PORTFOLIO TOOL TRENDING CPD HUB

Follow us:

Search Articles:Advanced Search
Click a Company: