On 12 July 2018 parties in the Petroleum Sector of the NBCCI have signed a wage agreement.
Trade unions (Solidarity, Sacwu and Ceppwawu) have accepted the final offer made by the National Petroleum Employers Association (NPEA).
The terms of the agreement are as follows:
- A multi-year wage agreement (2018 – 2021)
- Year 1 (2018): A 7% increase
- Years 2 and 3 (2019 to 30 June 2021): A minimum increase of 6,5% OR the CPI* + 1,5%, whichever is higher.
*CPI is the average consumer price index taken over a period of 12 months (May – April).
Solidarity wishes to thank all parties for their valuable contribution that resulted in this collective achievement.