The Association of Mineworkers and Construction Union signed a wage deal with SA’s largest platinum producers on Friday, after four months of negotiations.
For each year of the agreement, Amplats agreed to an increase of R1,000 per month in basic pay, or 5.5%, whichever is greater. The deal includes other benefits as well, such as ex gratia payments of R1,000 in July 2020 and R1,500 in July 2021. The platinum belt is a hot-spot of tension, which notoriously culminated in the Marikana massacre in August 2012 when police killed 34 protestors.
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BUSINESS MAVERICK: Amcu again says that platinum wage deals will be signedThe Association of Mineworkers and Construction Union has once again said that wage deals will be signed with South Africa’s big platinum producers, this time on Friday, 15 November 2019. The union said on Tuesday that the signing ceremony would take place on Wednesday and then pulled the plug amid apparent last-minute wrangling. Hopefully, there is no false alarm this time.
Source: dailymaverick - 🏆 3. / 84 Read more »
Platinum sector wage deal with Amcu is finally inkedNegotiations started in June when the union initially demanded increases as high as 48%
Source: BDliveSA - 🏆 12. / 63 Read more »
BUSINESS MAVERICK: Amcu again says that platinum wage deals will be signedThe Association of Mineworkers and Construction Union has once again said that wage deals will be signed with South Africa’s big platinum producers, this time on Friday, 15 November 2019. The union said on Tuesday that the signing ceremony would take place on Wednesday and then pulled the plug amid apparent last-minute wrangling. Hopefully, there is no false alarm this time.
Source: dailymaverick - 🏆 3. / 84 Read more »
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