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BusinessLive reports that the Bench Marks Foundation (BMF) says it will campaign to persuade Lonmin shareholders to divest from the platinum miner, should it not meet the organisation’s housing, wage and compensation demands by the fifth anniversary in August of the Marikana massacre.
The nonprofit organisation, which monitors corporate social responsibility in SA, will also take the unusual step of attending the group’s annual general meeting (AGM) on Thursday in London, where it will address shareholders on its concerns. It will be five years in 2017 since the massacre that saw 34 miners shot and killed in a strike for a R12,500 basic monthly wage and better living conditions. BMF chairman Bishop Jo Seoka, who is planning to attend the Lonmin AGM, said that the organisation would "not rest until justice is achieved for the massacred, arrested and the widows and orphans [who have been] left behind". Should Lonmin not meet the BMF’s demands, the foundation said it would call for international solidarity to have Lonmin’s mining licence revoked.
- Read this report by Lutho Mtongana in full at BusinessLive
- Read too, Lonmin still has long road ahead to win back stakeholders, at Moneyweb
Get other news reports at the SA Labour News home page