Miningmx reports that Anglo American has set out its plans for supporting employees, communities and business during the Covid-19 pandemic.
In SA it will spend R2.4bn per week on the procurement of services and wages. This was in order to embark on economic recovery once the pandemic was over, said Anglo American CEO, Mark Cutifani, who described the onset of Covid-19 as “… the greatest threat to global health in a century”. “We want to ensure we are ready to support what will be a crucial economic recovery phase for the countries in which we operate and the global economy,” Cutifani said in a group statement on Monday. He went on to indicate: “While the commercial impacts of this crisis will likely be significant for many businesses, we are doing all that we can to insulate our employees during this period. For example, in South Africa where the most extensive operational impact is currently felt, we have committed to continue paying the salaries of all of our 47,000 employees during the 21-day lockdown period, ensuring that they are able to focus on the health and safety of their families and their local communities.”
- Read the full original of the report in the above regard by David McKay at Miningmx
- Read too, Anglo going to great lengths to support South Africa in its Covid-19 hour of need, at Miningmx Weekly
Get other news reports at the SA Labour News home page