Telkom workers march to JSE over wages
Members if the Communication Workers Union are also calling for an end to white capitalist monopoly.
JOHANNESBURG - Telkom workers are protesting in Sandton this afternoon, as part of a protest over wages.
The demonstrators from the Communication Workers Union (CWU), dressed in red, are making their way to the Johannesburg Stock Exchange (JSE) to hand over a memorandum, calling for an end to white capitalist monopoly.
One of the protesters says they have had enough.
"The Telkom one is a salary increases - a mere 11 percent. We started with a go-slow and a work-to-rule boycott over time [and] it's been a week. Now we are starting a full scale, fully blow strike."
Meanwhile, Telkom says it has offered workers incentivised wage increases which Trade Union Solidarity and Congress of South African Trade Unions (Cosatu) have already agreed to.
The CWU has denied that there has been any agreement with Telkom, saying nothing has been signed.
Telkom group executive Jacqui O'Sullivan says the company has been going back and forth with the union for months now, with the CWU refusing to sign an agreement for incentivised wage increases.
O'Sullivan says the company believes that the system of implementing wage increases will be beneficial for the company because it will encourage workers to improve performance.