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Platinum firms, Amcu agree on wage offer

Economy

Johannesburg - South Africa's platinum producers and union Amcu have agreed on a wage offer to end a protracted strike, but other details like the timeframe and additional benefits are still outstanding, a spokesman for Impala Platinum said on Tuesday.

“The big principle in the offer has apparently been agreed to; it's just other smaller issues like the timeframe and housing allowance that need talking about,” Johan Theron said.

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Miners on strike chant slogans as they march in Nkaneng township outside the Lonmin mine in Rustenburg May 13, 2014. South Africa sent more police to the strike-hit platinum belt on Tuesday to protect miners returning to work this week as producers pushed ahead with plans to end the sector's longest and most costly bout of industrial action. REUTERS/Siphiwe Sibeko (SOUTH AFRICA - Tags: POLITICS BUSINESS COMMODITIES CIVIL UNREST EMPLOYMENT TPX IMAGES OF THE DAY)

The platinum producers had received the union's response to the wage offer on Monday and all parties were due to hold discussions this week, he added. - Reuters

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