Saftu condemns CSR’s local content exemption request
The South African Federation of Trade Unions (Saftu) says it is angered by the revelation that China South Rail (CSR) wants South Africa’s government to grant it an exemption from its local content obligations, worth R5.3-billion, as part of the conditions for it supplying new locomotives to State-owned transport utility Transnet.
South African media on Friday reported that the Department of Trade and Industry (DTI) had received a request from CSR for exemptions on its local content commitments but that its request had been declined.
In a statement, Saftu said it welcomed the DTI’s decision to reject the request, but expressed concern about CSR’s ability to achieve a local content score of 60%, as required under the Transnet contract, which included strict local content and supplier development obligations, which were supposed to help create jobs and grow the local economy.
The first 166 of the 359 locomotives that have so far been delivered by CSR to Transnet, as part of the project, have a local content score of only 33%, according to figures supplied by the company itself, Saftu pointed out.
Comments
The
content
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation