South Africa’s NUM union seeks 15% wage hike from gold miners

PUBLISHED: Wed, 31 Mar 2021 10:40:33 GMT
Share

JOHANNESBURG, March 31 (Reuters) – South Africa’s National Union of Mineworkers (NUM) said on Wednesday it planned to seek a 15% annual wage hike in gold sector over the three year period.

Sign Up for Our Newsletter Daily Update

Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.

Higher bullion prices, which reached a record in August last year, boosted 2020 earnings and offered gold miners a lifeline following production disruptions because of the COVID-19 pandemic. (Reporting by Tanisha Heiberg; editing by Mfuneko Toyana)

(c) Copyright Thomson Reuters 2021. Click For Restrictions – https://agency.reuters.com/en/copyright.html