Today's Labour News

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numBusinessLive reports that the National Union of Mineworkers (NUM) is consulting with its lawyers to determine the next course of action for its members at Optimum Coal Mine, which has been placed into business rescue.  

The 2,500 workers have embarked on an indefinite strike following the Gupta-owned mine’s failure to pay salaries.  NUM spokesperson Livhuwani Mammburu said the mine's management had not been forthcoming with information about its financial difficulties, leaving members anxious and confused as they were caught off guard and did not know about the business rescue.  On Thursday, Eskom announced that since the beginning of February it had stopped settling invoices submitted by Optimum due to the mine’s failures to meet its contractual obligations in terms of coal supply.  "Optimum coal mine that supplies Hendrina power station in Mpumalanga informed Eskom that they have commenced with business rescue proceedings on Monday February 19," Eskom indicated.  Mammburu said service providers had also been hit hard:  "Service providers are owed millions.  These are BEE companies, which will be forced to close as they were not paid.”  

  • Read this report by Theto Mahlakoana in full at BusinessLive
  • Read too, Parliamentary portfolio committee concerned at Optimum mine situation, at eNCA

Get other news reports at the SA Labour News home page