• Power to Gordhan

    SONA 2016 has set it all up for Pravin Gordhan, it shows just how powerful he may be, says Daniel Silke.

  • Inside Labour

    The history of Valentine Day cards gives a glimpse of how technology resulted in job cuts, says Terry Bell.

  • Courage to do right

    A number of factors will impede Zuma’s opportunity to have a ‘Lula moment’, says Prof Dirk Kotze.

All data is delayed
Loading...
See More

Coal workers want 'reasonable' offer

Jul 20 2011 09:03
Sapa

Company Data

EXXARO RESOURCES LIMITED [JSE:EXX]

Last traded 68
Change 6
% Change 10
Cumulative volume 1105868
Market cap 0

Last Updated: 12-02-2016 at 05:00. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

RMB owns more than 5% in Petmin

Coal sector talks to continue next week

Coking coal production to boost Limpopo

More strikes loom as wage disputes bite

Unions threaten coal sector strike

Strike to hit coal sector

 
Johannesburg - Wage negotiations in the coal sector are set to begin on Wednesday, the National Union of Mineworkers (NUM) said.

"The meeting will start at 10:00 today in Johannesburg. We are hopeful that perhaps today the employers will come with a more reasonable offer," said spokesperson Lesiba Seshoka.

Spokesman for the Chamber of Mines, Jabu Maphalala, said: "Today is the first process of mediation. Usually on the first day the mediator from the Commission for Conciliation, Mediation and Arbitration (CCMA) will be familiarising themselves with the issues."

Seshoka said the NUM "remains optimistic" that employers would make an offer approaching the union's demand of a 14% increase.

The chamber - negotiating for Anglo Thermal Coal SA, Delmas Coal, Exxaro Resources [JSE:EXX], Kangra Coal, Optimum Coal and Xstrata Coal - had offered six percent for the lowest paid employees and five percent for the rest.

"It is too early to say whether there is cause to be optimistic or not, we will have to see how the negotiations unfold," Maphalala said.
 
exxaro resources  |  coal  |  strike

 
 
 

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
0 comments
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

SMALL BUSINESS

Marketing is a big concern in SA's small business community, followed by a lack of confidence and partnering with the wrong people, according to a survey.
 

Money Clinic

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

Voting Booth

Will Jacob Zuma's State of the Nation speech help SA avoid "junk" downgrade?

Previous results · Suggest a vote

Loading...