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Platinum Strike Ends, Wage Agreements Signed

The five-month long strike, which brought the South African platinum industry to its knees, has ended. Employees are expected to resume work on June 25. The long-awaited wage agreements between platinum producers Anglo American Platinum (Amplats), Lonmin, and Impala Platinum (Implats) and the Association of Mineworkers and Construction Union (Amcu) have been signed. 280 more words

Industry Live

Lessons of the platinum miners' strike

By Ben Morken
16 June 2014

The longest strike in South Africa’s history has ended. For nearly five long months, platinum miners affiliated to the Association of Mineworkers and Construction Union (AMCU) held out against the arrogance and intransigence of the platinum mine bosses. 4,554 more words

Historical Analysis

JSE changes Logo, Markets say - Lets Go

The Oscar Pistorius Case has incited many opinions and many tweets have even given a final judgment.
But the final judgment on the JSE’s new brand image will certainly be a lot more positive if it continues with gains such as todays. 460 more words

Budget Deficit, The Rand and Amplats

Budget Deficit Estimate Unchanged

Pravin Gordhan on Tuesday kept his budget deficit estimate for the 2013/14 fiscal year ended March 31 at 4% of gross domestic product, unchanged from his February projection. 325 more words

Quick Notes

No exit on South Africa's Mining talks Roundabout

Strikes of apartheid-era proportions in the mining, farming and transport sectors, marked the year 2012 in South Africa and has not seen an end two years later, grounding the platinum mining industry to a halt. 935 more words

Labour

Arrest of Makhanya Siphamandla and Jacob Khoza

26 February 2014

On Wednesday morning, I was informed that my close friend and fellow comrade, Makhanya Siphamandla, the most astute, serene and effective young mineworker leader around, was arrested with Jacob Khoza his second in command on trumped charges of attempted murder and public violence. 162 more words