Coal, gold sector braces for wage demands | Fin24
In partnership with
  • Deloitte

    The accounting firm has denied allegations of corruption related to Eskom contracts.

  • SAA Uncertainty

    What you need to know if you have a ticket or intend to buy one.

  • Michael Jordaan

    Forget Matric results - here's how to prepare your kids for jobs that don't yet exist.


Coal, gold sector braces for wage demands

Mar 10 2015 10:00

Johannesburg -The National Union of Mineworkers (NUM) will submit its wage demands for the coal and gold sector by the end of March, the general secretary of the majority union said on Tuesday.

The two-year wage agreements in both sectors expires in June 2015 but the NUM will give employers its demands "towards the end of March", Frans Baleni told Reuters.

NUM's national bargaining conference will meet on Wednesday and Thursday to formulate a rough draft of the demands and will then seek members' approval on a final version.

The union represents 57% of the workforce in the gold sector, according to data from an industry website named Gold Wage Negotiations For the Gold Industry, 2015.

The South African mining industry is still reeling from a record five-month strike in 2014 led by NUM rival, the Association of Mineworkers and Construction Union (Amcu) at the major platinum producers. The stoppage brought the economy into contraction in the first quarter of 2014.

Amcu represents about 25% of workers in the gold sector.

READ: NUM to oppose Eskom asset sales

amcu  |  num  |  johannesburg  |  wage demands  |  mining


Read Fin24’s Comments Policy 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
Comments have been closed for this article.

Company Snapshot

Voting Booth

How concerned are you about ransomware attacks?

Previous results · Suggest a vote