• Road to riches

    Taxpayers keep funding structures with big plans but who knows what efficacy, says Mandi Smallhorne.

  • Don't fall for Ponzi scams

    An expert unpacks the tell-tale signs to watch out for.

  • Inside Labour

    A smokescreen of misleading rhetoric won't make SA's problems go away, says Terry Bell.

See More

Ramaphosa: Take heed of workers' needs

Jan 10 2013 09:08 Fin24

Cyril Ramaphosa (Picture: Sapa)

Company Data

Lonmin plc [JSE:LON]

Last traded 21
Change -1
% Change -2
Cumulative volume 629763
Market cap 0

Last Updated: 30-03-2015 at 02:07. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Wanted: A prosperous South Africa

Ramaphosa to review his business ties

Business meets politics

Investor relief as Ramaphosa steps forward

ANC will action NDP with vigour - Cyril

Ramaphosa a beacon of hope for SA farmers


Cape Town - Newly elected ANC deputy president Cyril Ramaphosa has called on businesses to take better care of their employees, a report said on Thursday. 

Speaking at an ANC business breakfast in Port Shepstone, KwaZulu-Natal, Ramaphosa said the Marikana tragedy, where 34 striking miners were shot dead by police, should be a wake-up call to businesses. 

"Very much of what went wrong at Marikana was because mining companies closed their eyes to being inclusive," said Ramaphosa a director at platinum mining group Lonmin [JSE:LON], according to TimesLive

Ramaphosa said mining companies need to be more aware of the living conditions of their employees. 

"Where we were not doing anything actively about improving the living conditions of workers, [businesses] should go back to the drawing board and ask themselves: 'What is it that we can do to make sure that we improve the livelihoods and the living conditions of the people'?" he was quoted as saying. 

It appeared Ramaphosa was trying to project himself as a caring pro-poor leader rather than a shrewd, out of touch businessman, the report said. 

Ramaphosa came under fire when his private emails to Lonmin managers were made public. In the emails he proposed that firm action be taken against striking miners. 

In an interview with CNN's Christine Amanpour on Tuesday, Ramaphosa defended his actions, saying: "I was appealing to the authorities to take action, to make sure that we prevent further death...

"A long part of my life was spent serving mine workers. And there is just no way I could ever have said that mine workers should be killed. There is just no way. It is - it just defies any logic in me," said Ramaphosa. 

Ramaphosa is noted as a charismatic orator who helped to build the National Union of Mineworkers, of which he was secretary general in the 1980s, into a major political force.  

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

lonmin  |  cyril ramaphosa  |  mining


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
Add your comment
Comment 0 characters remaining

Company Snapshot

We're talking about:


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.

Money Clinic

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

Voting Booth

People who fall victim to Ponzi scams are:

Previous results · Suggest a vote