by Udo Rypstra

Transport strike comes to an end

Three weeks later the strike finally ends

Transport strike comes to an end, drivers have signed a wage deal
Settlement reached

South African truck drivers have signed a wage deal to end a three-week strike, the Road Freight Employers Association confirmed in a statement to its members today (Friday). Details of the agreement were to be released later in the day.

This ends a strike since late September and which has hit deliveries of fuel, cash and consumer goods in Africa's top economy. At least one person was killed during accompanying violence and dozens of trucks have been set alight.

"The agreement has been signed by everyone. The strike is off immediately," Penwell Lunga, chairman of the Road Freight Employers Association told Reuters.

He said workers have agreed to accept wage increases of 10 percent from March 2013, 8 percent the following year and 9 percent for 2015.

All four transport unions were part of the agreement, RFEA spokeswoman Magretia Brown-Engelbrecht said, although she did not reveal details of the deal.

News of the wage deal helped relieve some of the pressure on the rand. The currency, which tumbled to a three and a half-year low on Monday on concerns about weeks of crippling strikes, hit its highest in a week immediately following the news.

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