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.

comBloomberg reports that SA’s biggest mining companies are opposed to a government proposal that 1% of their annual revenue be spent on developing communities associated with their operations.  

They have countered with a suggestion that they instead pay out a share of net profit as that would be based on the affordability of the individual companies.  The Chamber of Mines of SA (CM) is in discussions with the Department of Mineral Resources (DMR) and labour unions over a review of the so-called mining charter, which mandates measures designed to boost black participation in the economy.  The proposal, if enacted, would require that the money be spent on communities near the mines as well as those from where they draw their labour.  While mining companies already have to submit social and labour plans detailing their initiatives for community development, the legislation governing the implementation of the plans is flawed and doesn’t ensure accountability to the intended beneficiaries.

  • Read this report by Paul Vecchiatto and Paul Burkhardt in full at Mining Weekly


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