Arab Today, arab today strikehit south africa platinum miners unveil new pay offer
Last Updated : GMT 00:07:53
Arab Today, arab today
Arab Today, arab today

Strike-hit South Africa platinum miners unveil new pay offer

Arab Today, arab today

Arab Today, arab today Strike-hit South Africa platinum miners unveil new pay offer

Johannseburg - AFP

The world's three biggest platinum producers have made a new pay offer to end a strike which has crippled their South African operations for 12 weeks, a spokeswoman said on Friday. The new terms would raise the total pay and benefits for an underground miner at the Implats, Amplats and Lonmin companies by 7.5-10.0 percent a year on average. The total remuneration package would rise to 12,500 rand ($1,188, 860 euros) a month by July 2017, marking a significantly bigger increase than the rate of inflation. The radical trade union AMCU, which launched the strike on January 23, is demanding that basic pay should be 12,500 rand a month, excluding bonuses, but the employers say that this would amount to an average increase in total remuneration of 30.0 percent a year over four years. Negotiations between employers and unions are to resume on Tuesday. "The offer was made by all three producers," Lonmin spokeswoman Charmane Russell told AFP. Anglo American Platinum (Amplats) and Impala Platinum (Implats) had made their offer late on Thursday, and Lonmin would make a statement at the opening of trading on the London Stock Exchange on Tuesday. "Our statements clearly indicate that the revised offer to AMCU would provide for a minimum underground cash remuneration to 12,500 rand per month by July 2017," Russell said. "This is not the same as basic wages. Cash remuneration includes allowances such as living out allowance, holiday leave allowance, etc. The cash remuneration does exclude medical and retirement benefits, and any bonuses."

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today strikehit south africa platinum miners unveil new pay offer Arab Today, arab today strikehit south africa platinum miners unveil new pay offer

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today strikehit south africa platinum miners unveil new pay offer Arab Today, arab today strikehit south africa platinum miners unveil new pay offer

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today EasyJet, Lufthansa among seven to bid

GMT 06:49 2017 Tuesday ,17 October

EasyJet, Lufthansa among seven to bid
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Israeli court convicts Palestinians of 2016

GMT 04:39 2017 Tuesday ,17 October

Israeli court convicts Palestinians of 2016
Arab Today, arab today Iran's Facebook shuts down

GMT 23:50 2017 Monday ,16 October

Iran's Facebook shuts down
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Sidem reveals plan to improve education

GMT 15:52 2017 Friday ,06 October

Sidem reveals plan to improve education
Arab Today, arab today British actress becomes fifth woman

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman
Arab Today, arab today Three killed, 360,000 without power

GMT 05:11 2017 Tuesday ,17 October

Three killed, 360,000 without power
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes says recalls 400,000 UK cars

GMT 06:56 2017 Tuesday ,17 October

Mercedes says recalls 400,000 UK cars
Arab Today, arab today Britain's Vauxhall to cut 400 jobs

GMT 10:53 2017 Sunday ,15 October

Britain's Vauxhall to cut 400 jobs
Arab Today, arab today Anoshka happy for reactions to her talk show

GMT 12:33 2017 Friday ,13 October

Anoshka happy for reactions to her talk show
Arab Today, arab today India to close colonial-era military farms

GMT 18:49 2017 Monday ,16 October

India to close colonial-era military farms

GMT 10:55 2017 Thursday ,12 October

Safaa Sultan happy for “Love School”

GMT 10:37 2017 Thursday ,12 October

Cara Delevingne accuses Weinstein

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 12:02 2017 Saturday ,14 October

Conservation cutbacks put Brazil's

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 12:25 2017 Saturday ,14 October

Squeeze on UK health gives advanced

GMT 07:02 2017 Sunday ,15 October

German minister sparks uproar

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 03:59 2017 Sunday ,15 October

US mobile carriers Sprint, T-Mobile to merge

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday