Business appeals for swift resolution to Transnet strike, as miners lose R815m a day

Business appeals for swift resolution to Transnet strike, as miners lose R815m a day: As the impasse between Transnet and its two recognised unions – the United National Transport Union (Untu) and the South African Transport and Allied Workers Union (Satawu) – continues, organised business has called for a “swift, sustainable resolution”, while government Ministers have expressed “extreme concern” over the negative economic fallout of the strike. In a joint statement, Business Unity South Africa (Busa) and Business Leadership South Africa rejected short-term solutions, such as temporarily increasing levies, which they said could have unintended consequences.