By Ilhaam Hoosain
23 June 2008
The trade union Solidarity expressed its appreciation for the salary adjustment Anglo Platinum awarded to its 46 000 employees.
Anglo Platinum indicated in a letter to the trade unions, that due to prevailing inflation and the CPIX currently on 10,4%, and the pressures workers are experiencing to survive an increase of 10,4% is to be implemented.
The company also said that no other wage negotiations are to be entered into. A two-year agreement has been decided with the company.
“Solidarity welcomes Anglo Platinum’s concern for its employees. The trade union discussed the dilemma of high inflation with the management of Anglo Platinum and is heartened by the understanding and positive feedback.
Due to the drastic rise in inflation in 2008 employees struggled to make ends meet. The price of platinum also supports Anglo Platinum’s step. Labour peace before 2010 is important,” Reint Dykema, Mining spokesman of Solidarity added.
Trade unions currently recognised at Anglo Platinum include NUM, The Alliance, NUMSA, TAWUSA, Uasa and Solidarity.
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