Transnet tabled a revised three-year wage offer to its recognised labour unions, United National Transport Union and South African Transport and Allied Workers’ Union, on Thursday. This follows a prior offer presented on Wednesday as the current wage agreement, set to expire on March 31, 2025, nears its end. The old proposal offered a three-year increase tied to inflation: Year 1 at CPI + 1% (4.5%), Year 2 at CPI + 0.5% (5%), and Year 3 at CPI + 0.5% (5%), totaling a 14.5% cumulative rise. The revised offer shifts to a fixed structure: 5.5% in Year 1, 5.5% in Year 2, and 5% in Year 3, amounting to a 16% increase over the period. Both offers include adjustments to basic salaries, 13th cheques, pension contributions, medical aid subsidies, and…