Platinum sector strike
Amcu to set wage demands for platinum sector
Platinum companies are still reeling from the effects of a record five-month strike in 2014 led by Amcu.
Africa’s most advanced economy is also struggling to shake off the shock of the strike.
A restructuring is expected in South Africa’s platinum sector after a strike by Amcu which ended in June.
Cabinet says the five-month long industrial action has had a dire impact on workers & employers.
Platinum producers have denied they gave an undertaking to Amcu to refrain from restructuring.
The top three platinum companies have collectively lost over R20bn during the work stoppage.
Amcu members return to work this morning for the first time in over five months.
All parties involved in the labour dispute are expected to sign the agreement this afternoon.
The union will reveal the response by platinum companies to its additional demands in Rustenburg.
While it won’t say which, Sibanye Gold has publicly expressed interest in acquiring platinum mines.
Minister Ngoako Ramatlhodi says the parties concerned are working very hard to resolve the strike.
Amcu has added additional pay demands to its 'in principle agreement'.
Amplats has urged Amcu to return to the terms of last week's agreement.
Platinum producers have deemed additional demands by the union as unrealistic.
Amcu has raised concerns over the latest wage deal with Implats and Amplats.
The EFF leader says the Amcu president has the best interests of mineworkers at heart.
There’s still no word on the outcome of talks between Amcu & platinum giants.
Cosatu wants Zuma to commit to tackling issues in the mining industry when he delivers the Sona.
More than 200,000 union members are prepared to down tools by next month.