[LISTEN] Impala Platinum says it is open to any suggestions to help save jobs

Imapala Platinum says it is open to any suggestions that may help save the potential loss of nearly 13,000 jobs at its Rustenburg operations over the next two years.

The move forms part of the Implat's restructuring plans to restore profit.

The Association of Mineworkers and Construction Union (Amcu) and The Congress of South African Trade Unions (Cosatu) have threatened strike action if the job cuts are to go ahead.

The unions are set to engage in a consensus seeking process with the company.

READ: AMCU warns of industrial action at Impala Platinum if job cuts go ahead

Spokesperson at Impala Platinum Johan Theron says they have issued a section 52 notice to the labor department.

What that implies is there is then a joint multi-party board/ constitutive committee which would then interrogate the financial performance of the organisation, its restructuring plan, and there will be broad based consultation around potential other alternatives that can be considered.

Johan Theron, Spokesperson at Impala Platinum

If that process drives us to good outcomes then there is no need for section 189 retrenchment processes. However we are talking about 11 shafts and there is still a risk that we might do well in some and not others.

Johan Theron, Spokesperson at Impala Platinum

Theron says they are open to any suggestions that may prevent the loss of jobs.

We have made it clear to the government and all stakeholders that we cannot discount any option that might save jobs. So we are entirely open to any suggestion including government or third parties coming in to potentially operate some of these areas.

Johan Theron, Spokesperson at Impala Platinum

Cosatu North West provincial secretary Job Dliso says Implat's announcement on the possible job cuts was premature and that they should have waited for the consultative process to be concluded.

It was premature for them to pronounce the cutting of 13 00 jobs. We don't have a problem to engage in any process, as long as that process won't cut any employment.

Job Dliso, Cosatu North West provincial secretary

Speaking on the future of platinum in South Africa, Member of the Mining Indaba Advisory Board Frans Balani says there is little that is being done to keep the industry alive in the long term and prepare for the 4th Industrial Revolution.

I have never seen such a debate from stakeholders to ensure that they run ahead of the situation and prepare an look at alternatives of using platinum and create a market that creates jobs. We wait until there is a crisis, complain, go to the streets and it ends there. I do not think that is sustainable.

Frans Balani, Member of the Mining Indaba Advisory Board

Click on the link below to listen to the full conversation...


This article first appeared on 702 : [LISTEN] Impala Platinum says it is open to any suggestions to help save jobs


Recommended

by NEWSROOM AI

CapeTalk welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the CapeTalk community a safe and welcoming space for all.

CapeTalk reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

CapeTalk is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Msimanga recommends suspension of Tshwane city manager

Msimanga recommends suspension of Tshwane city manager

City manager Moeketsi Mosola has been accused of flouting regulations when awarding the R12 billion contract to GladAfrica.

[LISTEN] ANC Tshwane says it has documented proof of corruption in the metro

[LISTEN] ANC Tshwane says it has documented proof of corruption in the metro

The Tshwane ANC says it has evidence that Mayor Solly Msimanga is central to several irregular appointments in his administration.

[LISTEN] Transnet CEO expected to file reasons why he should not be suspended

[LISTEN] Transnet CEO expected to file reasons why he should not be suspended

CEO Siyabonga Gama, CPO Thamsanqa Jiyane and supply chain manager Lindiwe Mdletshe were served with notices on Wednesday.

[LISTEN] Gauteng ANC accuses DA-led Tshwane administration of corruption

[LISTEN] Gauteng ANC accuses DA-led Tshwane administration of corruption

The ANC's regional leadership is expected to release more details in a press conference on Wednesday.

AMCU warns of industrial action at Impala Platinum if job cuts go ahead

AMCU warns of industrial action at Impala Platinum if job cuts go ahead

Implats announced last week that it will be cutting over 13,000 jobs over the next two years as it seeks to restore profits.

Government working with mining companies to avert job losses

Government working with mining companies to avert job losses

Department of Mineral Resources DG Advocate Thabo Mokoena explains their plans to save jobs in the mining sector.

Popular articles
[LISTEN] Cape Town businesswoman targeted in fake invoice scam

[LISTEN] Cape Town businesswoman targeted in fake invoice scam

Jacqui Kaminer says banking officials were unable to investigate the matter further because police failed to open a case for her.

Stealthing: a form of rape, says Dr Tlaleng

Stealthing: a form of rape, says Dr Tlaleng

'Stealthing' is the act of discreetly removing the condom without the knowledge or consent of the other party during sex.

Two young boys go the extra mile to get a sick dog to a vet with just R7

Two young boys go the extra mile to get a sick dog to a vet with just R7

Peter and Jerry gave up their last R7 to get a sick community dog (Lady) to an Animal Welfare shelter for medical attention.

Derelict buildings in Parow earmarked for social housing

Derelict buildings in Parow earmarked for social housing

The affordable rental units will be made available for families with a monthly household income of up to R15 000.