AMCU New Dominant Union on South Africa’s Platinum Mines

Reuters reported that the bloody union turf war in South Africa is over and the Association of Mineworkers and Construction Union (AMCU) emerged as winner.

As quoted in the market news:

From this position of strength, AMCU is signalling a radical departure from tactics used last year, when it poached tens of thousands of disgruntled members from the once-dominant National Union of Mineworkers (NUM) in a recruitment drive that triggered lethal violence and shut major mines for months.

Click here to read the full Reuters report.