This news aggregator site highlights South African labour news from a wide range of internet and print sources. Each posting has a synopsis of the source article, together with a link or reference to the original. Postings cover the range of labour related matters from industrial relations to generalist human resources.
Bloomberg News reports that the United Association of SA (Uasa) has said that, while gold producers tabled a “good opening offer” in pay negotiations last week, it still needs work.
Four unions will meet on Monday with the Chamber of Mines, representing AngloGold Ashanti, Harmony Gold, Sibanye Gold, Village Main Reef and Evander Gold Mines, after consulting with their members on last week’s initial wage proposal. Uasa’s Franz Stehring said that the proposal of a five-year deal was “too long”, while virtually unchanged housing allowances and increases not linked to inflation were also issues. “The answer to the Chamber from our side will be ‘go back and redo your figures,’” said Stehring. The three other unions represented are the National Union of Mineworkers (NUM), the Association of Mineworkers and Construction Union (Amcu) and Solidarity. Uasa comprises about 7% of the 95,000 employees involved, compared with the NUM’s 52%. The producers have guaranteed employment if their profit margin at operating-unit level, after the allocation of all costs, does not fall below a margin of 6%.
- Read this report by Paul Burkhardt in full at Moneyweb
- See too, Amcu expected to reject proposed gold wage increase, at SABC News
- And also, Wage negotiations heat up, at Mineweb
Get other news reports at the SA Labour News home page