Today's Labour News

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Mathunjwa2Mining Weekly reports that Association of Mineworkers and Construction Union (Amcu) president Joseph Mathunjwa told the Joburg Indaba on Thursday that SA should transition from a constitutional democracy to a “social democracy” and implement more socialist policies to retain jobs in the mining sector.  

He further suggested that government should revoke the licences of mines that were on care and maintenance and transfer those rights to junior mining companies, thereby creating or retaining jobs.  Another suggestion was that government should cap executive salaries so that more value was spread to the workers.  In his view, some of the annual salaries earned by mining CEOs were “obscene”, especially in light of the country’s economic environment.  Mathunjwa argued that upskilling and reskilling of workers should be a greater priority for mining companies, because mining was not sustainable, although the industries, specifically manufacturing, that were built on beneficiation, could be.  Mathunjwa told delegates that he did not approve of the recently gazetted Mining Charter 3, stating that it was introduced as a balm for companies that have yet to leave SA.  He reiterated Amcu’s determination that a “decent minimum wage” was R12 500.

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