By Lucia Mutikani JOHANNESBURG, June 29 (Reuters) - South Africa's civil servants are demanding a 12.4 percent salary hike for 2004 -- way above the country's inflation target band -- to align their wages with those of the private sector, unions said on Tuesday. This is the latest is a series of wage demands exceeding the three to six percent inflation target. The CPIX index, tracked by the Reserve Bank for monetary policy, rose an annual 4.4 percent in May. "It is a joint union ...
Premium Content (PAID Subscription Required)
"S.African civil servants want 12.4 pct wage hike" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.