Loading...
See More

Cosatu, NUM roast Kumba

Oct 11 2012 16:23 Sapa

Company Data

KUMBA IRON ORE LIMITED [JSE:KIO]

Last traded 149
Change -7
% Change -4
Cumulative volume 514349
Market cap 0

Last Updated: 01-04-2015 at 04:15. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Kumba talks to striking workers

Kumba losing 120 000 tonnes daily

Strikes about more than wages - NGO

Sishen remains unchanged

Kumba meets workers' reps

Sishen mine hit by strike

 
Johannesburg - Cosatu in the Northern Cape and the National Union of Mineworkers (NUM) have bemoaned the conduct of Kumba Iron Ore [JSE:KIO] management at Kathu mine in the province.

"The company keeps on shifting the goalposts as we attempt to bring the current unprotected strike to an end," they said in a joint statement on Thursday.

Union representatives met management on Tuesday in an attempt to resolve the strike.

"We adjourned the meeting when we realised that they did not have a mandate to strike an agreement," they said.

But at a follow-up meeting, Kumba representatives told the unions they were not prepared to talk to NUM as they did not want outsiders.

However, an independent mediator, private security guards and police had already become involved.

"Our members are not prepared to continue with the negotiations without the NUM and the Congress of SA Trade Unions and therefore the negotiations have been stalled," said the unions.

They called on Kumba's head office to engage with them in order to resolve the strike.

Kumba spokesperson Gert Schoeman said he had received the statement and would respond later in the day.

"I have to send it to the negotiating team and ask them for comment," he said.
cosatu  |  kumba iron ore  |  num

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
2 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

SMALL BUSINESS

Johannesburg has been selected to host the Global Entrepreneurship Congress in 2017. "[The congress] will ensure that small business development remains firmly on the national agenda and the radar screen of all stakeholders, the Small Business Development minister said.
 
 

The Fast and Furious R40 million

With the Fast and the Furious 7 hitting South African cinema’s this April, all eyes are on the cars and we’re in for a treat!

 
 

Luxury living

This is the most expensive burger in the world!
Exclusive food items that WILL break the bank
Top 10 most expensive homes in the world
You can permanently live on a ship and sail the world!

Money Clinic

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

Voting Booth

How will you manage Vodacom’s price hike for contracts?

Previous results · Suggest a vote

Loading...