Transnet concludes 3-year wage agreement with SATAWU

27-03-25 / Sisanda Ndlovu

Transnet concludes 3-year wage agreement with SATAWU

Johannesburg - Transnet SOC Limited and one of the company’s recognised labour unions, South African Transport and Allied Workers’ Union (SATAWU) have announced that they have reached a three-year wage agreement after Transnet tabled a full and final offer.

In terms of the wage agreement, Transnet said it tabled an offer as follows:

Year 1: 6%
Year 2: 6%
Year 3: 5.5%

Transnet spokesperson, Ayanda Shezi says: "The above inflation offer, which comes into effect on 1 April 2025, represents a 17.5% wage increment over the three-year period. It includes increases to basic salary and related components (13th 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."

However, the United National Transport Union (UNTU) has rejected the offer and indicated that it will not take it to its members. In the face of this challenge, Transnet however said its remains positive that this offer will be accepted by all employees.