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BusinessLive reports that Impala Platinum (Implats) chairman Mandla Gantsho says signs wareere good that new two-year wage agreements would be signed soon with the Association of Mineworkers and Construction Union (Amcu).
He was speaking after the platinum producer’s annual general meeting. Talks with the union had been constructive and markedly different from those in 2013 that resulted in a five-month strike in 2014, he said. Gantsho went on to state: "We have an agreement in principle with Amcu’s negotiating team. They’ve gone to consult and will come back to us. Even if they have a mandate from their members, that has to be ratified at a mass meeting. But we think it’s a saleable proposal." Amcu president Joseph Mathunjwa recently said he was confident of a deal being struck before the end of October.
- Extract from a wider report at BusinessLive (scroll down)
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