• Conflict over water, coal

    SA's leaders have upped their support of the water-intensive coal industry, says Keith Schneider.

  • Cost of doing business

    The world can't afford the $4.7trn a year in environmental costs of business, says Mandi Smallhorne.

  • Voter paralysis

    With so much tilting voters against change, democratic reason is the loser, says Solly Moeng.

All data is delayed
Loading...
See More

Amplats offers allowance to strikers

Oct 28 2012 17:30
Jan de Lange
Johannesburg – On Friday evening the National Union of Mineworkers (NUM) and Anglo American Platinum (Amplats) agreed to conditions that will, it is hoped, put an end to the more than six-week strike at the group.

The agreement involves a cash payment to the strikers to compensate for their loss of earnings because of the strike. 

But it does not contain any improved service conditions.

The 12 000 workers who were fired will also get their jobs back if they return to work.

All workers who participated in the six-week illegal strike will receive a R2 000 “hardship allowance”. Those who did not strike will receive a R2 000 loyalty allowance.

Workers will also each receive a R2 500 advance, which is repayable over six months.

But all workers must report for their shifts on Tuesday morning, no matter their shift arrangements. 

The offer is also subject to the condition that full shifts must be operational for 48 hours from Tuesday morning.

The Amplats strike started on September 17. Amplats had, however, for considerations of safety, sent its workforce home on September 12 because of intimidation in the wake of the Marikana massacre.

NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
6 comments
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

THE DEBT ISSUE

Debt is one of the biggest financial issues facing South Africans today. Find out how you can avoid and manage your debt with Fin24 and Debt Rescue.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

The upcoming petrol price hike is:

Previous results · Suggest a vote

Loading...