• Voter paralysis

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

  • The power of perseverance

    True grit is a reliable predictor of who will achieve success in life, says Ian Mann.

  • It's the system

    The system sucks and it’s being used far too often as an excuse, says Mandi Smallhorne.

All data is delayed
Loading...
See More

NUM calls for talks with Amplats

Jan 15 2013 12:11
Sapa

(File)

Company Data

ANGLO AMERICAN PLAT LIMITED [JSE:AMS]

Last traded 383
Change -12
% Change -3
Cumulative volume 278512
Market cap 0

Last Updated: 27-05-2016 at 01:29. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Amplats closes shafts, 14 000 jobs to go

Amplats overhaul not a reprisal, says CEO

Pain ahead as Anglo prepares SA plan

Amplats business review due in New Year

Amplats warning as Anglo review looms

Amplats: Production still lost

 
Johannesburg - The National Union of Mineworkers (NUM) plans to negotiate with Anglo Platinum [JSE:AMS] to prevent the company from retrenching 14 000 workers, the union said on Tuesday.

"The NUM will engage the company in a bid to save these jobs and appeals on workers to work together to safeguard their own jobs," said NUM general secretary Frans Baleni.

Earlier, Anglo Platinum said it could cut up to 14 000 jobs in a major restructuring at its strike-hit South African operations.

The firm would close four shafts and sell a mine considered unsustainable, reported Agence France-Presse.

"As a result of the proposed changes to the business, a total of up to 14 000 jobs may be affected, 13 000 of which will be in the Rustenburg area," Anglo Platinum said.

The NUM said that Anglo Platinum's decision to cut jobs was "shocking".

"The NUM has repeatedly called upon workers to unite in order to defeat the evil nature of capitalism, which seeks to put profits first and humanity last," said Baleni.

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

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
7 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

Would you take out a payday loan?

Previous results · Suggest a vote

Loading...