December 13, 2017

AMCU President advocates for the wage-led economy


For the first time Joseph Mathunjwa, President of the Association of Mineworkers and Construction Union (AMCU) together with Terence Goodlace, CEO of Impala Platinum Holdings addressed the delegates attending the Joburg Indaba 2015– on the role of the business and organised labour in modernizing the industry.

A number of pertinent issues were raised by both speakers, such as the need for addressing the past imbalances, issues relating to migrant workers, up skilling of mine workers, avoiding the treatment of workers as a cost than an investment, commodity prices, creation of an industry that we are all proud of, openness and transparency as well as bringing technology to assist mining industry to work smarter and safely.

However, it was AMCU’s Mathunjwa who stole the show by openly distancing AMCU from Mining Phakisa and what it seeks to achieve. ‘The industry does not need Mining Phakisa, but it needs a wage led economy”, stated Mathunjwa.

Mathunjwa further took a swipe at the foreign investors who are using their investments to oppress the working class, as well as the government, which he said is hell-bent on protecting the interest of the mining industry through liberal economy policies that do not address the ills of the past.

“The country needs a wage-led economy that will assist us to close the wage gap”, further stated Mathunjwa.

The decision to attend the Joburg Indaba 2015, “is to make the country including investors that AMCU is not anti-investors but their investment must not be at the expense of the working class”, added Mathunjwa.


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