Tag: Joseph Mathunjwa
Following gruelling negotiations in the world’s largest platinum producing country that unearths nearly 70 per cent of world supply. South Africa’s new platinum pay deal was sealed today after last minute postponements. Joseph Mathunjwa leader of Labour Union AMCU says his organisation will continue to keep a beady eye on the Platinum producers. CNBC Africa’s Kopano Gumbi, spoke to AMCU President, Joseph Mathunjwa.
It took many months of tough negotiation in the world’s largest platinum producing country that unearths nearly. 70 per cent of world supply. South Africa’s new platinum pay deal was sealed this morning after last minute postponements. It all ended without a damaging strike like the one that cost the industry dear in 2014. The dominant union in the platinum industry AMCU inked a new pay deal with top producers Amplats, Implats and Sibanye-Stillwater.
Trade union AMCU alleges that the world’s second largest supplier of Ferrochrome, Samancor, has moved up to $1.9 billion out of the country through profit shifting and illicit financial flows.
The largest union in the platinum sector, AMCU held a press briefing this morning for an update on the ongoing platinum wage negotiations and the upcoming Marikana Massacre commemoration. CNBC Africa reporter Karabo Letlhatlha spoke to Amcu President, Joseph Mathunjwa.
AMCU's Central Executive Committee has announced its intention to meet with the registrar next Tuesday. The trade unions say the attack is political and supports the mining sector. CNBC Africa’s Karabo Letlhatlha shares more insight.
It was a picture that spoke a thousand words. Sibanye-Stillwater CEO Neal Froneman and Amcu President Joseph Mathunjwa sitting next together signing the papers to end a protracted strike that lasted over five months at Sibanye’s gold mines.
It has been over 4 months now that mine-workers, affiliated with the Association of Mining and Construction Union, have been on strike at Sibanye's gold operations. Several attempts by the CCMA to end the strike have not yielded any results. CNBC Africa's Lubabalo Mashiqana spoke to AMCU President Joseph Mathunjwa for more.
The end might be nigh for the nearly 4months long protracted strike between union AMCU and Sibanye Stillwater at their gold operations. AMCU members have mandated the union to accept the settlement agreement put forward by South African Mediation Association, the CCMA. The union’s President Joseph Mathunjwa joins CNBC Africa for more.