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IR Update: 27 November 2016

REMUNERATION AND COLLECTIVE BARGAINING MEIBC budget The woes regarding funding of the MEIBC (Metal and Engineering Industries Bargaining Council) are still continuing with the MEIBC approaching employers and employee organisations to approve a budget with additional contributions required to fill the “balance sheet gap”. The various affiliates will during the next week take decisions [...]

IR Update: 20 November 2016

REMUNERATION AND COLLECTIVE BARGAINING Strike balloting and minimum wage decisions Although still to be ratified by NEDLAC stakeholders, the specialists retained to develop a proposal on minimum wages has proposed that the South African minimum wage be set at R3,500 per month. The proposal regarding arbitration involvement to resolve strikes (i.e. advisory arbitration [...]

IR Update: 13 November 2016

REMUNERATION AND COLLECTIVE BARGAINING Sasol Mining The National Union of Mineworkers (NUM) indicated on Thursday that four trade unions have concluded a three-year wage agreement with Sasol Mining.  NUM spokesperson Livhuwani Mammburu said the NUM, the Chemical Energy Paper Printing Wood and Allied Workers’ Union (Ceppwawu), the SA Chemical Workers Union (Sacwu) and Solidarity had signed [...]

IR Update: 6 November 2016

REMUNERATION AND COLLECTIVE BARGAINING Sasol Mining The Sasol Mining strike by Amcu is still continuing with back-to-back meetings scheduled between Sasol and Amcu to resolve the strike action. With the Platinum agreements in place Amcu is now focusing its senior resources and attention to resolve the Sasol strike. Uasa unhappy with Amcu/Amplats agreement The [...]