Monday, April 29, 2013

S.Africa's wounded NUM seeks big pay hikes from mining companies

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S.Africa's wounded NUM seeks big pay hikes from mining companies

By Ed Stoddard JOHANNESBURG (Reuters) – South Africa’s National Union of Mineworkers, which has lost tens of thousands of members in the past year to a militant rival, will demand double-digit pay hikes in wage talks this year that companies have said they can ill afford. Wage talks across South Africa’s mining sector start in May and could be among the toughest ever with strikes a certainty given inflation, on the rise worker militancy and shrinking company margins as commodity prices fall

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S.Africa’s offended NUM seeks huge pay hikes from mining companies

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