Today's Labour News

newsThis 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.

amcu thumb medium80 81Financial Mail writes that with wage talks looming in the platinum industry, trade union heavyweight Joseph Mathunjwa appears to be relishing his role as perhaps the most powerful man in SA’s besieged mining sector.  

Mathunjwa (50) leads the Association of Mineworkers & Construction Union (Amcu), which is outside the ANC-aligned Cosatu fold.  Speaking to the Financial Mail recently, rejected any notion that with commodities prices under pressure, the mining houses might not have the cash to pay for above-inflation wage increases this year.  What will complicate the platinum wage talks, scheduled to begin in weeks, is a cocktail of potentially explosive factors which, if mixed in the wrong quantities, could spark a fallout to rival the devastating strike of 2014, which cost SA R38bn.  Importantly is the fact that the remuneration packages of the top mining bosses have now reached a level which has made even shareholders queasy.

  • Read this lengthy report by Sikonathi Mantshantsha and Allan Seccombe in full at Financial Mail

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