CASH BURN
Zondereinde, Dutch for ‘without end’, aptly describes the costly strike that seems to have gone on without end at Northam’s Zondereinde platinum mine, in Limpopo province. It prompted trade union United Association of South Africa to deplore strikes that were continuing into 2014 after “a disastrous 2013”. Uncharacteristically, the National Union of Mineworkers (NUM) set off in uncompromising mode from the very outset of the strike on November 3 and continued doggedly well into the new year, losing NUM employees R100-million in forfeited wages and Northam R500-million in lost revenue, and heaping more harm on the already struggling South African economy.
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