Business: Solidarity Slams Drawn Out Liquidation Process at Pamodzi
Recent Gauteng Business News
Solidarity believes that the delay in the process creates the impression that the liquidators want to place the mines on basic maintenance for as long as possible in order to drive up the liquidators’ fees. “It ultimately seems as though the liquidators are not really interested in the wellbeing of the workers and the community,” Solidarity spokesperson Jaco Kleynhans said today.
“Trade unions, radio stations, newspapers and the broader community have already raised more than R1,2 million for feeding projects aimed at looking after the mineworkers’ social welfare needs. However, it is only a short-term solution and not at all sustainable,” Kleynhans said.
Solidariteit maintains that the liquidators are holding the mine’s liquidation process hostage. “The promises by the liquidators are strongly reminiscent of Pamodzi’s Best Rock promises that never realised. Meanwhile, false hope is regularly created with unknown role-players such as Sekunjalo and Bele Holdings, who cannot give any guarantees and have no mining expertise.”
“The cooperation between existing mining activities and the long-term sustainability of the mines must now be investigated,” Kleynhans said. “The process followed with the Orkney mine was a failure, and organised labour cannot afford for the Welkom process to follow the same route. The longer the process is drawn out, the more expertise is lost and the more the physical conditions in the Pamodzi mines deteriorate.”
Solidarity as well as the National Union of Mineworkers (NUM) and the Industrial Development Corporation regard Harmony as the buyer of choice for Pamodzi’s President Steyn mines.
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