| SOUTH AFRICA
|
NUM to give Anglo Coal 'final warning'
November 6, 2009
The National Union of Mineworkers (NUM) will give a "final written warning" to Anglo Coal it said in a statement on Friday.
Thousands of union members from the Highveld region would march to the offices of Anglo Coal's owner, Anglo American, on Saturday to present a memorandum of demands, the NUM said.
These included that Anglo Coal implement agreements reached at the Chamber of Mines.
"Amongst these agreements is the 2002/2003 agreement relating to child care facilities and funeral cover for dependants," the NUM said.
"It is our conviction that hence there has been an agreement on child care facilities, the company must build these facilities as a matter of urgency as non-compliance has compromised the dignity of its women workers," said Lefty Mashego, the NUM 's Anglo Coal mining house coordinator in the region.
The union further called for the speedy implementation of funeral cover which had been agreed on.
It also called on Anglo Coal to halt "victimisation of its personnel based on compulsory HIV/Aids voluntary tests and counselling results."
Other demands included job grading and a halt to the unilateral employment of contractors.
"Various NUM branches from the Highveld region will participate in the march including Goedehoop, New Denmark, Kriel Coal, New Vaal, Isibonelo, Grenside/Kleinkopie/Landbou and Shared Services,"
the NUM said.
Workers would gather at Beyers Naude Square on Saturday at 9am and would march to Anglo American's head office in Marshall Street to hand over the memorandum.
Anglo American was not immediately available for comment. - Sapa
|
|
|  | | | Inside Business
Draft code requires institutions to disclose voting
In what could be the most significant corporate governance development in over a decade, a draft copy of the institutional shareholder code for responsible investing was released for discussion yesterday. The code, which requires public disclosure of voting records and policies, is set to have a significant impact on the way in which the country's R1.5 trillion investment fund industry is managed.[Full Story...]
| | | | Features
SA needs to adapt to keep high standard of accounting
South Africa has long been reputed to produce some of the world's best auditors. This was given credence when the World Economic Forum's Global Competitiveness Survey for 2009 to 2010 ranks us second out of 133 countries for our auditing and reporting standards. We are in the top 10 for eight other measures of financial market sophistication, and for a country that is only the world's 24th largest economy measured in terms of gross domestic product (GDP), this is good going.[Full Story...]
| | | | Business Watch
Local strikes are giving global car makers the jitters
THE South African economy and motor manufacturing industry workers could pay dearly for the persistent disruption to new vehicle production in the country. The strikes in the new tyre and automotive component manufacturing sectors follow the strike last month by motor manufacturing workers, which resulted in some manufacturers losing export revenue.[Full Story...]
| | |
|
|
|
|
News
Markets
Technology News
Company News
International
Today's Quote
"Make no mistake, they are bowed, but not completely beaten" Who said that?
|
Business Forum
Keep an eye on the stock exchanges - and your investments - from our markets page.
|
Belt tightening has made a dent even in those industries aimed at making people look prettier, perkier, poutier and, of course, younger.
Read more ...
|
|
