Share

Amcu postpones CCMA platinum wage talks

Johannesburg  - Talks between the Association of Mineworkers and Construction Union (Amcu) and the CCMA about a wage strike in the platinum sector will be postponed to next week, a union leader said on Friday.

The mediator was scheduled to meet Amcu officials on Friday but the union said it was organising a funeral of a steward who was killed in a clash with police at an Anglo American Platinum (Amplats) mine last week.

"We will be available next week," Amcu president Joseph Mathunjwa told eNCA television.

The state mediator met producers separately on Thursday.

Members of Amcu downed tools three weeks ago at Amplats, Impala Platinum and Lonmin after wage talks failed. Hitting over 40% of global output of the precious metal, the strike is stoking tensions on the platinum belt.

The stoppages are costing the country an estimated $36m a day and are an unwelcome distraction for President Jacob Zuma and the ruling African National Congress three months before general elections.

Amcu wants basic pay to more than double to R12 500 a month, which companies say they can ill afford as they grapple with soaring costs and depressed global demand for the metal used for emissions-capping catalytic converters in vehicles.

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
19.14
-0.7%
Rand - Pound
23.84
-0.7%
Rand - Euro
20.40
-0.5%
Rand - Aus dollar
12.32
-0.7%
Rand - Yen
0.12
-0.6%
Platinum
961.10
+0.9%
Palladium
1,044.50
+0.9%
Gold
2,378.71
+0.7%
Silver
28.34
+0.4%
Brent-ruolie
87.29
-3.1%
Top 40
67,326
+0.6%
All Share
73,402
+0.6%
Resource 10
63,285
-0.2%
Industrial 25
98,574
+0.8%
Financial 15
15,542
+1.0%
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