Bloomberg News

Northam Offers 5.9% Wage Hike; Talks to Resume Oct. 13

September 28, 2011

(Corrects date in headline, second paragraph.)

Sept. 28 (Bloomberg) -- Northam Platinum Ltd., the South African producer that had a 43-day wage strike last year, offered workers a 5.9 percent pay increase yesterday, a National Union of Mineworkers negotiator said.

The union is demanding 15 percent, Zwelitsha Tantsi said by mobile phone today. Talks will continue on Oct. 13, he said.

--Editor: Tony Barrett, Amanda Jordan

To contact the editor responsible for this story: Carli Lourens at clourens@bloomberg.net


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