Tag: wage talks
Major South African Gold producers, AngloGold Ashanti and Sibanye-Stillwater, are resuming talks with unions today. Minerals Council South Africa and the National Union of Mineworkers are confident about reaching “an amicable agreement”. The Association of Mineworkers and Construction Union is demanding a minimum entry level salary of R12 500. AMCU President, Joseph Mathunjwa joins CNBC Africa for more.
South Africa’s embattled power utility, Eskom, released its annual results this morning at its headquarters in Johannesburg. With a debt that’s rocketed by nearly 50 per cent in four years, the company is set in cleaning up the power utility, with 10 executives, who have been implicated in corruption, having left the company already. CNBC Africa’s Aviwe Mtila filed this report.
NUM accuses Chamber of Mines of negotiating in bad faith