25 March 2014

South Africa: Platinum Strikes - Two Months Into Starving Negotiations


After two months of "unprecedented" strikes in the platinum industry, there is currently no discussion between the Association of Mineworkers and Construction Union (AMCU) and three platinum producers - Anglo American Platinum (Amplats), Impala Platinum (Implats) and Lonmin. By all accounts, workers are suffering. There's hope Deputy President Kgalema Motlanthe might help end the deadlock, but no one's holding their breath.

The platinum producers on Tuesday said the "unprecedented" strike would have dire consequences. "The financial cost - now close to R10 billion in revenue lost, and around R4.4 billion in earnings lost to employees - does not tell the full story. Mines and shafts are becoming unviable; people are hungry; children are not going to school; businesses are closing and crime in the platinum belt is increasing.

Overwhelmingly, we are being told by employees that they wish to return to work, and we need to collectively find a way to ensure that they are able to exercise their right to do so," said the three CEOs of Amplats, Implats and Lonmin in a joint statement. "We note a number of AMCU assertions regarding various historical inequities of the mining industry. We believe that...

South Africa

Joburg to Become a Megacity By 2030, but Will It Be Smart?

Johannesburg will become a megacity by 2030, meaning the city will have to adapt to accommodate over 10 million … see more »

Copyright © 2014 Daily Maverick. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 1,700 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.