Today's Labour News

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wesizweBusiness Report writes that Wesizwe Platinum has completed a retrenchment exercise at the Bakubung platinum mine, where from early next year it will be ramping up production prior to a concentrator upgrade exercise.

In November last year, Wesizwe said it was pursuing negotiations pursuant to retrenchments at the Bakubung mine, which was switching to new mining methods aimed at reducing operating expenditure. In December, the Bakubung mine was rocked by an underground sit-in protest by employees. There had been disputes with mineworkers prior to the sit-in, some of whom felt that they were being unfairly treated by the company over the mine’s retrenchment processes. According to Wesizwe, it has now completed Section 189 (retrenchment) negotiations with mineworkers affected by its switch to a new mining method. It had been feared that the restructuring would impact as many as 345 employees. Wesizwe advised that out of the 345 redundant positions, an unnamed number of employees had been laid off due to natural attrition, while other employees had been transferred to in-house vacancies. Others had opted for voluntary separation packages. “Ultimately, only 13 employees were retrenched, of which seven of the 13 are to be absorbed by the company’s training services provider,” Wesizwe reported in a statement.

  • Read the full original of the report in the above regard by Tawanda Karombo at Business Report


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