Amcu’s Joseph Mathunjwa wants ‘wage-led growth’ for SA
The union leader berates mining companies for looting the country and pouring their money into other countries
Trade union leader Joseph Mathunjwa has accused mining companies of looting the country and pouring their money into foreign investments rather than the domestic economy. Mathunjwa‚ president of the Association of Mineworkers and Construction Union (Amcu)‚ said the country shouldn’t be surprised about the situation it found itself in. He was speaking at a Business Day Dialogues event in Johannesburg on Friday morning, ahead of the five-year anniversary of the Marikana massacre in which more than 40 people were killed in 2012 during protests. Amcu led the protests against platinum mining giant Lonmin. "The state of the economy and its effect on the people on the street is effectively explained by the high level of inequality in SA‚" he said. Mathunjwa said he and the union were worried about "the jobs blood bath" in the gold sector and talk of retrenchments‚ all while mining companies were "looting" the country. "There is no rational logic to explain the process of disinvestment in t...
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