As the alleged wrongdoing at Bishops Diocesan College shows, equating wealth with virtue is a bad idea, writes Helena Wasserman.
High level clouds. Mild.
Sibanye-Stillwater is hopeful that a wage agreement would be reached with trade union AMCU to avert a strike at its Rustenburg and Marikana operations after negotiations deadlocked.
Joseph Mathunjwa repeatedly turned to scripture as he gave an update on wage negotiations in the platinum sector.
Joseph Mathunjwa was on Friday re-elected to lead AMCU, extending his time at the helm of the labour movement he founded in 1998.
Leader of the Association of Mineworkers and Construction Union (Amcu) in a scathing speech at the 7th commemoration of Marikana states that ANC is government for White Monopoly Capital (WMC),not for the people of South Africa.
South Africa’s Association of Mineworkers and Construction Union is making “slow, steady” progress on wage talks, but the offer from the former Lonmin operations was provoking a strike, its president said.
For a union leader that led the longest platinum-mining strike and which self-identifies as 'militant', AMCU president Joseph Mathunjwa is sounding rather diplomatic.
The Gauteng High Court in Pretoria sentenced two Eastern Cape men for trying to kill two AMCU members in Marikana, North West, .
The state-owned asset manager faces a tough choice: back Sibanye Gold’s takeover of Lonmin, and take a hit on its investment, or scupper the deal and risk having to pony up more cash for the platinum miner.
Judge Dennis Davis on Friday dismissed an appeal by the Association of Mineworkers and Construction Union (AMCU) who wanted an aproval by the Competition Tribunal for a merger between mining companies Sibanye-Stillwater and Lonmin set aside.
The Gauteng High Court in Pretoria believes that the murder and attempted murder trial of Association of Mineworker and Construction Union leaders has been deliberately delayed.
Another fatality has occurred at Sibanye-Stillwater's Thembelani shaft in Rustenburg, according to the Association of Mineworkers and Construction Union.
AMCU president Joseph Mathunjwa said the union opposed the Sibanye-Lonmin merger with no support from government, adding that the government could not claim to be dismayed by job cuts that it failed to prevent.
In April the department of labour had issued a notice of intention to deregister the trade union due to non-compliance with its constitution.
South Africa marks seven years since the tragic mass shooting of 34 miners at Marikana, Rustenburg during a strike. Ten other people were also killed before that fateful day.
When the world’s biggest platinum miners sit down to hammer out a wage deal this week, they’ll hold two potentially winning cards in reserve: the cash and metal stockpiles to endure a strike.
The Association of Mineworkers and Construction Union is meeting its members across the country’s Platinum Belt this week, before presenting demands to seven producers, Secretary General Jeffrey Mphahlele has said.
With the acquisition of Lonmin, Chief Executive Officer Neal Froneman has completed Sibanye’s transformation to a giant of SA's key platinum sector.
Lonmin plans to cut 4 100 workers at mines that have run out of profitable ore and are being closed.
The Public Investment Corporation, whose 30% stake in Lonmin is enough to block the miner’s planned takeover by Sibanye Gold, is concerned that the value of the all-share deal has been eroded, according to a person familiar with the matter.
When the world’s biggest platinum miners sit down with labour unions this month to negotiate a three-year wage deal, it could prove an early test of Cyril Ramaphosa’s new presidency.
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