Anglo Platinum seals pay deal with South African unions - News Summed Up

Anglo Platinum seals pay deal with South African unions


With the specter of South Africa’s longest-ever mining strike in 2014 looming over negotiations, producers of platinum-group metals have tried to reach wage deals more amicably. A 7.5% increase for the lowest paid workers is above South Africa’s 5.9% inflation rate in April. The company will keep working toward lifting the wages of the lowest paid, Viljoen said. Amplats and the unions are flexible about renegotiating the agreement if South Africa’s inflation climbs above 7.5% or falls below 3%, she said. “We are in a continuous process of looking after the lowest paid colleagues in our business,” Viljoen said.


Source: The North Africa Journal May 26, 2022 16:33 UTC



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