Sat, 18 Sep 2021

The Steel and Engineering Industries Federation of Southern Africa (Seifsa), which is the midst of deadlocked wage negotiations with the National Union of Metalworkers of SA (Numsa), has announced the appointment of a new CEO.

Seifa said on Tuesday evening that operations director Lucio Trentini was named CEO with immediate effect.

This was after Kaizer Nyatsumba quit as CEO last month. He was placed under precautionary suspension in May, although the charges were not made public. The board had also commissioned a private investigation into his conduct. The suspension was lifted, but Nyatsumba and the board decided to "mutually separate".

Seifsa board chair Elias Monage said in Tuesday's statement that challenges lay ahead - "not only in the collective bargaining space, but also across the broader business agenda".

Earlier on Tuesday Seifsa announced that it unanimously agreed to declare a counter-dispute against Numsa after the union rejected a three-year wage proposal.

The proposed settlement agreement was tabled during negotiations in late July and included a 4.4% increase this year, a CPI plus 0.5% increase in 2022 and CPI plus 1% increase in 2023.

Numsa is expected to brief the media on the latest developments on Tuesday afternoon.

Source: News24

More Uganda News

Access More

Sign up for Uganda News

a daily newsletter full of things to discuss over drinks.and the great thing is that it's on the house!