Kagem signs wage agreement with unions

Zambian miner Kagem Mining has signed a collective agreement with unions that will result in unionised employees receiving a 10% increase in basic salary for 2020 and a further 10% increase for 2021. The collective agreement followed successful negotiations between Kagem management and representatives of the National Union of Miners and Allied Workers (NUMAW) and the Mine Workers Union of Zambia (MUZ), during which it was also agreed to enhance the company pension contribution from 15% to 20% of basic pay, bringing the effective salary increase to 15% for 2020 and 2021, and the overall increase to 22.5% over the next two years.