Share

Amcu, miners to discuss new wage offer

Johannesburg - Labour union Amcu and platinum producers are expected to meet on Tuesday following a new wage offer for striking mineworkers.

The offer, which was tabled on Friday, would see entry level underground employees' minimum cash remuneration - comprising basic wages and holiday, living out and other allowances - rise to R12 500 per month, or R150 000 per annum by July 2017.

Cash remuneration excluded medical and retirement benefits, and any bonuses.

Anglo American Platinum, Impala Platinum (Implats) and Lonmin were seeking to end a three-month-long strike in the platinum sector.

Implats spokesperson Johan Theron said it had not received any formal feedback since the new offer was tabled.

The strike had so far resulted in R6.047m in employees' lost earnings and R13.607m in companies' revenue lost, according to the Chamber of Mines' website.

Members from the Association of Mineworkers and Construction Union downed tools on January 23 to push for a basic monthly salary of R12 500. The union previously rejected a wage increase of up to 9%.

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
18.97
-0.2%
Rand - Pound
24.12
-0.1%
Rand - Euro
20.63
-0.2%
Rand - Aus dollar
12.40
+0.2%
Rand - Yen
0.13
+0.3%
Platinum
911.84
-1.3%
Palladium
1,018.92
-4.4%
Gold
2,161.29
+0.0%
Silver
25.11
+0.3%
Brent Crude
86.89
+1.8%
Top 40
66,252
0.0%
All Share
72,430
0.0%
Resource 10
53,317
0.0%
Industrial 25
100,473
0.0%
Financial 15
16,622
0.0%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders