Today's Labour News

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numBusiness Report writes that members of the National Union of Mineworkers (NUM) on Saturday marched to AngloGold Ashanti’s (AGA’s) head office in Johannesburg in protest against the producer’s move to retrench some 8,500 workers.  

With about 21,350 jobs on the line amid the looming job cuts at AGA plus planned lay-offs at Sibanye Gold and the Bokoni Platinum Mine, the march was a build up to labour’s fight against industry retrenchments.  The NUM said that there was no basis for the retrenchments as commodity prices had rebounded since late last year, buoyed by an improvement in the world economic outlook, with the return of risk appetite among global investors.  Tafa Moya, the NUM’s mining co-ordinator at AGA, indicated that they were in talks with the Department of Mineral Resources (DMR) to intervene.  The march came as DMR Minister Mosebenzi Zwane held a meeting on Friday with Sibanye CE Neal Froneman as part of his programme of talking to mining rights' holders.  He urged all stakeholders “to be more responsible in how these planned retrenchments are announced, as they impact on thousands of lives and livelihoods.”

  • Read this report by Dineo Faku in full at Business Report
  • See too, NUM hands over memo of demands to halt AngloGold retrenchments, at SABC News
  • And also, NUM threatens mass protest over planned retrenchments in mining, at EWN
  • As well as, Zwane expresses concern over proposed mining retrenchments, at Mining Weekly


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