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Angloplat ups wage offer

Johannesburg - Platinum producer Anglo Platinum [JSE:AMS] improved its wage offer during talks with the National Union of Mineworkers' (Num) last week, chief negotiator Oupa Komane said on Sunday.

"We believe it is an offer our members may consider."

Workers would be consulted on Monday over the increase on the initial 8% and 7.5% offers. The union could not immediately disclose the new figures.

During talks on Thursday, Num also lowered its demand from 15% to 12.5% for lower grades, and to 11% for higher grades, he said.

"The platinum company increased to 5%, its contribution to the minimum wage. The Num welcomed the move."

The union also lowered its R3 000 living out allowance to R2 000, and argued for a home ownership allowance of between R2 500 and R5 000.

The Num is the largest collective bargaining agent at Anglo Platinum, representing over 30 000 members.

 
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