Today's Labour News

newsThis news aggregator site highlights South African labour news from a wide range of internet and print sources. Each posting has a synopsis of the source article, together with a link or reference to the original. Postings cover the range of labour related matters from industrial relations to generalist human resources.

numsaThe Citizen reports that National Union of Metalworkers of SA (Numsa) members are frustrated over mining company Samancor Chrome dragging its feet in appointing an internal forensic investigation into fraud and profit shifting allegations.  

Numsa called for an independent investigation into the Samancor Employee Share Ownership Programme, the Ndizani Trust, after it was implicated in illicit financial flow allegations made by the Association of Mineworkers and Construction Union (Amcu).  Amcu accused the company of transferring money to offshore accounts to avoid tax and it teamed up with human rights lawyer Richard Spoor to file a lawsuit against Samancor Chrome earlier this month.  Numsa spokesperson Phakamile Majola-Hlubi said their members were frustrated and disappointed in the company’s slow response to the serious allegations.  She said they had been requesting an investigation since February, but their requests to no avail.  Numsa was supposed to have held a meeting with Samancor to discuss the proposed investigation, but that did not take place.  Majola said the company’s failure to provide them with financial statements to see if members of the trust were paid fairly in the 2013 and 2018 payouts raised their concerns.  Samancor spokesperson Bridget von Holdt said the investigations were already underway, but Majola responded that they had not been made aware of that.  Amcu

  • Read the full original of the report in the above regard by Sinesipho Schrieber on page 5 of The Citizen of 29 October 2019


Get other news reports at the SA Labour News home page