Gold sector wage negotiation update
Web16 hours ago · Three senior department bosses have been sacked by the new Labor government as part of a major overhaul of the New South Wales public sector. Key … WebMar 28, 2024 · Unions representing the majority of South Africa’s public sector workers have confirmed that they have accepted government’s revised 7.5% wage increase for …
Gold sector wage negotiation update
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WebMar 8, 2024 · The company’s offer equates to an increase of 6% in the first year. South Africa’s consumer inflation rate currently stands at 5.7%. Sibanye’s Driefontein, Kloof … WebAug 18, 2024 · Amcu rejects Sibanye’s R250 wage increase offer. Amcu president Joseph Mathunjwa says they would approach this year’s wage negotiations with the spirit of …
WebMar 31, 2024 · Press Release: Conclusion of the Public Service Wage Negotiations. 31 March 2024. Government and the majority of Trade Unions in Council agree on a multi-term agreement for the financial years 2024/2024 and 2024/2025. An average increase of 7.5% salary adjustment for public servants for the financial year 2024/2024. WebThe wage agreement for Rustenburg operation consists of an increase of R1 000 per month for year 1, then R1 000 per month for year 2 and R1 000 per month for year 3. THE AGREEMENT: + = YEAR 1 (Monthly) Basic pay increase Greater of R1000 of 5% Pensionable base 5% Allowance base 5% YEAR 2 (Monthly) Basic pay increase
WebMay 5, 2024 · A DECLINE in the average platinum group metal (PGM) basket price resulted in lower adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) for the first quarter of Sibanye-Stillwater’s 2024 financial year. The group, currently in a dispute with labour unions at its gold mines, said EBITDA totalled R13.7bn compared to … WebJun 14, 2015 · JOHANNESBURG – From June 22, all eyes will be on South Africa’s gold mining sector as wage negotiations kick off. It is no secret that the whole mining industry has endured a rough couple of ...
WebUPDATE GOLD WAGE NEGOTIATIONS 10 December 2024. PROCESS PAGE 2 Offer ... Wage negotiations started 19 October 2024 1st CCMA conciliation session ... PAGE 3 …
WebSep 16, 2024 · The new wage deal will enable the lowest paid worker at Harmony Gold to earn an average salary of R13 478 from R10 478 by the third year of the agreement. According to the newly signed agreement, lower-level officials will get R1000 or 6% every year for three years. Miners and artisans will receive 6% on the standard rate of pay … cyberpunk hypercarWebMar 21, 2024 · GOLD WAGE NEGOTIATIONS UPDATE. Johannesburg, 13 December 2024. Sibanye-Stillwater (JSE: SSW and NYSE: SBSW) met with labour unions AMCU, … cyberpunk iconic clothingWebOct 19, 2024 · Meanwhile, AMCU on October 19 said the wage negotiations with Sibanye was “similar” to the previous round of wage negotiations in 2024, which eventually led … cyberpunk iconic assault rifleWebFeb 14, 2024 · Gold. 1,979.70. USD/t oz. -10.70 -0.54%. Sibanye Stillwater Ltd. ’s biggest mining unions voted to strike at the company’s gold operations until their wage demands … cyberpunk iconic clothing locationsWebMar 31, 2024 · 31 Mar 2024 1. The National Union of Mineworkers will push for salary increases that would take the entry-level wage to R15,000 over the next three years. … cheap property for sale in sydneyWebJun 29, 2024 · (Kitco News) - U.S. investment bank Goldman Sachs has recently raised its year-end 2024. The gold price target is now $2500/oz, signaling a strong 2024 after … cheap property for sale in southern italyWebNov 4, 2024 · U.S. gold futures were up 3.3% to $1,684.70. Following the jobs data, the dollar index fell 1.6%, making greenback-priced gold more appealing for overseas … cheap property for sale in slovenia