South 32's Hotazel Manganese Mines, a global diversified mining and metals firm, has reached a wage agreement with the National Union of Mineworkers (NUM) Kimberley Region.
The increase took effect on June 1, 2024.
According to NUM, certain employees will receive wage increments of 7% in the first year, 6.5% in the second year, and 6% in the final three years.
Conversely, others will begin with a 6.5% raise, followed by a 6.2% increase in the second year and a 5.7% increase in the final three years.
The company will also boost its medical aid contribution, starting at R2100 in the first year and increasing by R100 each year until it reaches R2500 in the fifth year.
Additionally, the underground and housing allowances will be adjusted upward.
“As the NUM Kimberley Region, we are very much delighted to have this agreement reached within the stipulated negotiations time,” said NUM Kimberley Regional Secretary Mosepedi Sanane.
“This agreement has been achieved without facilitation processes. We are therefore applauding all parties at the negotiating table for the job well done.”
Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished