Zondereinde strike – update 7

Johannesburg, Friday 13 December 2013. The management of Northam Platinum advises that after a strike of six weeks, at its Zondereinde operation, by members of the National Union of Mineworkers, NUM’s demands, in aggregate, remain at an increase of 16% on basic wages. In addition NUM demands an increase of 69% in the living out allowance.

Northam therefore has informed the CCMA that its final offer of wage increases ranging between 8% and 9% for non core and core employees in the A and B categories and an 8% increase in the living out allowance, conditional on a two year wage agreement, remains on the table.

Northam has further proposed to the CCMA that, in the light of NUM’s intransigent position, that the CCMA’s mediation process be held in abeyance until the New Year.

Striking employees have lost R74 million in wages.

Northam’s revenue losses to date amount to some R450 million, with expected losses of R500 million for the year.

Issued by
Russell & Associates
Tel +27 11 880 3924