NUM and Implats settle wage dispute

[] — The National Union of Mineworkers (NUM) on Monday said it has signed a wage deal with Impala Platinum, the world’s second largest platinum producer, over the weekend.

The trade union said the settlement came after a protracted negotiation cycle in
which the Commission for Conciliation, Mediation and Arbitration (CCMA) made a
number of interventions.

“The parties agreed on an 8% wage increment for the lowest categories and a 7.5% for the highest categories,” NUM said.

The NUM also agreed with Impala that the two issues dealing with housing and
transport would be referred to a task team while the issue of the provident fund would
go to arbitration.

The wage deal entered by the parties is for the duration of one year and is
backdated to the beginning of July this year.