Thursday, June 28, 2007

South African Unions End National Strike, Accept State's 7.5 Percent Offer

(Bloomberg) -- South African labor unions halted the
country's longest-ever strike by state employees after the
majority of them accepted the government's offer of an average 7.5
percent pay increase.

The strike, which began June 1, shut most schools and
disrupted services at some hospitals, clinics and immigration
offices. Support for the action waned as the government ceased
paying employees who failed to report for work.


Read more at Bloomberg Emerging Markets News

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