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Feedback received following requests from the five trade unions and the SEFSA-affiliated Associations for time to communicate the proposed deal to their respective constituencies confirms that the overwhelming majority of parties remain firmly on track to close negotiations on the parameters of the proposed deal set out in Issue 11 of this Update.

Regrettably, finalising mandating and constitutional requirements takes time, but we expect that, by the end of this week, we will be in a position to confirm a date for all the Parties to reconvene formally and officially to endorse and sign the Settlement Agreement.

We apologise for the delays, which we know are frustrating to many who have been following the negotiations process with keen interest. However, we cannot rush matters in these crucial closing stages and put at risk all the hard work that has been undertaken to date.

Once all the Parties have officially ratified the Settlement Agreement, the SEIFSA Office will immediately post the Wage Tables on our website (www.seifsa.co.za). A comprehensive Management Circular will follow immediately thereafter.

We will continue to keep you and the SEIFSA Council informed of any developments, should there be any, in the closing stages of this process.

Kaizer M. Nyatsumba
Chief Executive Officer

For Information:
Lucio Trentini
Operations Director
Direct | Tel: 011 298 9414 | Fax: 011 298 9514 | Cell: 082 449 6270
E-mail: lucio@seifsa.co.za

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