• Thinking strategically

    Do policymakers actually consider improving trade performance, asks Geoffrey Chapman.

  • Power problems

    It's an iron law: no electricity, no modern economy, says Leopold Scholtz.

  • M2M money train

    SA's biggest mobile operators have found a new revenue stream, says Gugu Lourie.

Data provided by iNet BFA
Loading...
See More

Holomisa blames ANC for labour crisis

Oct 17 2012 12:44 James-Brent Styan

Company Data

Lonmin plc [JSE:LON]

Last traded 38.01
Change -0.98
% Change -0.03
Cumulative volume 978449
Market cap 21.69bn

Last Updated: 21/08/2014 at 04:27. Prices are delayed by 15 minutes. Source: McGregor BFA

Anglo American Plat Ltd [JSE:AMS]

Last traded 460.28
Change -1.54
% Change 0.00
Cumulative volume 135430
Market cap 124.13bn

Last Updated: 21/08/2014 at 04:27. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

AngloGold workers rally for mass meeting

Atlatsa sacks over 1 000 Bokoni strikers

Dismissals not the solution - Cosatu

Gold Fields issues ultimatum

Cosatu wants miners reinstated

Marikana sets 'dangerous precedent'

 
Cape Town - The current labour crisis in South Africa can be attributed to the failure of the ruling party to provide leadership and address the root causes of the problem.

According to Bantu Holomisa, leader of the opposition party UDM and a member of parliament, the heart of the problem is that the Tripartite Alliance partners (the ANC, trade union federation Cosatu and the SA Communist Party) simultaneously play the dual roles of employer and employee representative in the mining sector.

“Through its political deployees and Tripartite Alliance investment arms, the ANC has prioritised the interest of big business at the expense of the workers,” Holomisa said.

He added that while mineworkers never receive dividends, trade union investment arms declare profits from the projects they undertake in the same mines that are employing the workers.

“Can we, therefore, blame the mineworkers for losing trust in trade unions?” 

Holomisa said political unrest in the mining sector and the rise in wildcat strikes are piling up the pressure on an economy already reeling from the global economic downturn, and are “tearing into South Africa’s economic growth”.  

Holomisa said the ANC should instruct its national executive committee (NEC) deployees and Tripartite Alliance partners in the mining sector to intervene in unrest in the industry.

“This is critical, considering that mining companies have already begun instituting disciplinary action against illegally striking mineworkers, which means that thousands of our people could lose their jobs.”

ANC NEC member Cyril Ramaphosa is a also member of the board of the Lonmin [JSE:LON] group at whose Marikana mine 34 miners and two policemen were killed.

Gold miner Goldfields [JSE:GFI] warned this morning it would lay off about 15 000 workers if they continue with an illegal strike.

The world’s fourth-largest gold producer is losing around R100m every day the strike continues and has given workers till Thursday to return to work.

A week ago platinum giant Anglo Platinum [JSE:AMS] fired 12 000 workers.

 - Fin24

 
cosatu  |  anc  |  mining unrest
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
27 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

Expanding your business requires capital and banks have stringent lending criteria in place.
 

Money Clinic

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