This 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.
David McKay reports that one new aspect of the Mining Charter, due to be published in Parliament next month, is a 1% levy on revenue over two years that will be channelled into community development.
Whilst the idea is considered sound by the SA mining sector, the mechanism is thought to be wrong-headed and could hasten the closure of struggling mines in the country. The Mining Charter may also turn a blind eye to industry’s insistence of the ‘once-empowered, always-empowered’ principle, which will pressure some firms into a new round of significant empowerment transactions. It’s likely then that the Chamber of Mines will seek a court date for a declaratory order in the High Court on the issue of once-empowered, always-empowered – a path the government is not keen to tread.
- Read this report in full at Miningmx
Get other news reports at the SA Labour News home page