Author Archives: admin

Northam applies wage deal at Booysendal platinum mine

David McKay reports that Northam Platinum is to apply a wage agreement reached between its mining contractor, Murray and Roberts Cementation (MRC), and unions at its Booysendal mine, the company said.   Source: Latest News

Bargaining coverage in SA at lowest level since 2008

Business Report writes that low union membership and increasing competition among unions are some of the reasons South Africa is listed as having medium to low bargaining coverage in an International Labour Organisation (ILO) study.   Source: Latest News

Contingency reserves to cushion state’s additional R64bn wage hike

BDLive reports that Finance Minister Nhlanhla Nene said on Monday that the Treasury was “certain” that the additional R64bn that this year’s public sector wage agreement will cost the state over the next three years can be accommodated within current expenditure limits.   Source: Latest News

Business rescue proceedings in SA fail to deliver

Amanda Visser writes that South Africa has developed similar legislation as the US and Europe to save companies in financial distress, yet the level of success in this country remains limited.   Source: Latest News