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April 24, 2014 | Last Updated 11:33 AM
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Miners will not reap benefits
23/4/2014 6:34
Miners will not reap benefitsDespite a possible deal that could be struck soon between platinum mining companies labour union Amcu that could see the end of the three-month strike, experts are saying it will take years for workers to recoup the wages they have lost and repay the debt they have incurred during the stoppage.
Platinum producers, Amcu to meet
23/4/2014 6:13
Platinum producers, Amcu to meetTalks between platinum producers and union Amcu to resolve the 12-week-long wage strike are expected to continue on Wednesday, the Chamber of Mines said.
Platinum bosses, Amcu talks still underway
23/4/2014 20:18
As negotiations continues on Wednesday afternoon, labour federation NACTU said the ball was on employers' court to reach agreement.
Other Labour News
Platinum talks continuePlatinum talks continue
23/4/2014 15:49
Talks to end the protracted wage strike in the platinum sector continued behind closed doors at an undisclosed location in Johannesburg on Wednesday.
Transnet pensioners get further R178m in bonusesTransnet pensioners get further R178m in bonuses
22/4/2014 16:12
Transnet pensioners are set to receive 13th cheques to a total value of R178 million.
Royal Bafokeng Platinum output in 10% declineRoyal Bafokeng Platinum output in 10% decline
22/4/2014 11:24
Royal Bafokeng Platinum (RBP) reported a 10% decline in production for the first quarter of 2014, citing safety related production stoppages.
81000 new jobs created81000 new jobs created
22/4/2014 9:33
The city of Cape Town’s employment figures have risen in the last quarter with 81000 people entering the labour market.
Amcu to meet about new offerAmcu to meet about new offer
22/4/2014 7:27
Labour union Amcu and platinum producers are expected to meet on Tuesday following a new wage offer for striking mineworkers.
Business snapshot Tuesday April 22 2014Business snapshot Tuesday April 22 2014
22/4/2014 7:20
Negotiations between the world's three biggest platinum producers and trade union Amcu are expected to resume today. The employers offered new terms last week that would raise the total pay and benefits for an underground miner at the Implats, Amplats and Lonmin companies by 7.5% to
Platinum producers, Amcu to meetPlatinum producers, Amcu to meet
21/4/2014 11:29
Negotiations between platinum producers and union Amcu are expected to resume on Tuesday following a new wage offer tabled for the striking mineworkers.
‘NDP success hinges on private sector involvement, infrastructure capacity’‘NDP success hinges on private sector involvement, infrastructure capacity’
16/4/2014 8:41
Private sector involvement will be a significant factor in achieving the National Development Plan’s (NDP’s) targets but the sector needs low interest rates, good economic growth and a strong government infrastructure drive.
AMCU strike fund gets R1mAMCU strike fund gets R1m
16/4/2014 7:23
A strike fund created by labour union Amcu has received an injection of about R1m in aid of platinum mine workers of the union who have been on a three-month-long strike over wages.
MTN starts war with 79 centsMTN starts war with 79 cents
16/4/2014 6:46
MTN has thrown down the competition gauntlet in the South African mobile phone industry by launching a flat rate of 79c per minute for prepaid customers in what the operator says will stimulate a decline in rates in the general market.
IMF forecast for SA questionedIMF forecast for SA questioned
15/4/2014 11:27
Analysts have played down the downward revision of South African GDP growth – to 2.3% from 2.8% – by the IMF.
Rio Tinto iron ore output drops in first-quarterRio Tinto iron ore output drops in first-quarter
15/4/2014 7:40
Anglo-Australian mining giant Rio Tinto posted a fall in first-quarter iron ore production on Tuesday, blaming bad weather over western Australia.
Anglo American 'mulls sale of strike-hit platinum minesAnglo American 'mulls sale of strike-hit platinum mines
14/4/2014 11:20
Anglo American's chief executive has hinted that the mining titan is looking to offload its strike-hit South African platinum mines to concentrate on open-cast extraction.
MEC launches innovative buy-back centreMEC launches innovative buy-back centre
14/4/2014 9:51
In a bid to preserve the environment and create job opportunities for young people, economic development, environment and conservation MEC Motlalepule Rosho launched the Mfidikwe Buy Back Centre at Bleskop in the Bojanala district.
‘Challenged’ Eskom may need state bailout‘Challenged’ Eskom may need state bailout
14/4/2014 8:57
Eskom has over the past year or so been lamenting deep structural challenges in its finances and has received little attention.