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.

SolidarityBusiness Report writes that Solidarity has vehemently disagreed with the Minerals Council of SA’s (MCSA’s) assertion that mineworkers are among the best-paid employees in SA.

The trade union on Friday argued instead that mining bosses in the country were the highest paid in the world, at a time when the sector was struggling. This came after the MCSA (previously called the Chamber of Mines) in its latest Mining Matters bulletin issued said salaries in the mining sector grew by R12 billion to R186.5bn in 2023 compared to R174.2bn a year earlier. "Over the past 15 years, increases in wages across the mining sector have been above the consumer price index (CPI), reflecting both the real wage gains in the sector by employees and a consistent narrowing of the earnings gap between lower- and higher-income employees,“ the MCSA claimed. However, Solidarity disagreed that mineworkers were among the best-paid industrial workers in SA. Solidarity’s general secretary Gideon du Plessis pointed out that mineworkers were unable to retire early because of the low remuneration in the sector. “No, I don't agree that SA mineworkers are paid well, but will rather argue that mining bosses are some of the highest paid in the world. Although there are certain mining houses that do pay well, there is not a single mineworker that is overpaid and able to retire early,” Du Plessis indicated. Worse still, Du Plessis said, there was currently a subtle “strike by mining houses” that has resulted in “mining bosses and investors being not keen to invest in new developments due to various political, logistical, service delivery, structural and regulatory challenges” that they are facing in SA.

  • Read the full original of the report in the above regard by Tawanda Karombo at Business Report

Get other news reports at the SA Labour News home page