* Union represents over 200,000 steel, energy, auto workers
Basic Materials | Cyclical Consumer Goods | Energy | Utilities
* Wage demand above inflation
JOHANNESBURG, April 2 (Reuters) – A South African union plans is aiming for an above inflation 20 percent wage hike from employers that include power utility Eskom [ESCJ.UL] and ArcelorMittal’s South African unit (ACLJ.J)
The union, which represents 234,000 workers in auto, steel, engineering and energy sectors, would meet various employers later this year to table its demands.
“We believe that the 20 percent wage increase demand is modest and does not necessarily mean that the quality of life of workers will improve,” the National Union of Metal Workers of South Africa said on Friday.
South Africa’s consumer inflation as expected slowed back into the central bank’s 3 to 6 percent target range in February. [ID:nLDE62N0BJ] (Reporting by Tiisetso Motsoeneng; Editing by Jon Loades-Carter) (For more Africa cover visit: af.reuters.com/ — To comment on this story email: SouthAfrica.Newsroom@reuters.com)