The National Union of Metalworkers of South Africa has finalized a three-year wage agreement for the tyre manufacturing sector, securing annual pay increases for its members. The deal guarantees across-the-board raises of 5.5 percent starting in July 2025, followed by 5 percent increases in both 2026 and 2027. It also ensures that all qualifying employees will reach the maximum pay rate for their specific job grades by June 2028.
This settlement, which covers workers from grades one through seven at major manufacturers including Bridgestone, Continental, Goodyear, Sumitomo, and Apollo Tyres, was reached through negotiations with the New Tyre Manufacturers Employers Association. The union also secured a new housing fund, financed by...