Bloomberg News

De Beers May Face Strike Action Over Wages, S.African Union Says

June 22, 2011

June 22 (Bloomberg) -- De Beers, the world’s largest diamond producer, may face strike action in South Africa after talks over wages failed to secure an agreement.

The National Union of Mineworkers is asking for a pay increase of 15 percent while De Beers is offering 5 percent, the labor union said in an e-mailed statement today.

To contact the editor responsible for this story: Alastair Reed at areed12@bloomberg.net


Too Cool for Crisis Management
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus