Casino staff return to work - Friday 12th of August 2005

Strike action by members of the Food and Allied Workers Union (FAWU) at the Emperors Palace casino complex has been resolved, according to listed gaming and hotel group Peermont Global (PTG), which owns an 83% interest in the complex and also has management responsibility.

Peermont Global said an agreement had been reached for staff to return to work from 08:00 August 20, after having been on strike since Friday August 12.

Negotiations had been underway since the beginning of the strike action between Emperors Palace management, representatives of FAWU and the Council for Conciliation, Mediation and Arbitration (CCMA).

FAWU had accepted Peermonts revised offer of R400 or 7%, whichever was the greater, the company said.

The unions previous position, before the strike, was R450 or 10%, whichever the greater, with Emperors Palace management offering R390 or 7%, whichever the greater.

In addition, the parties had agreed on a wage settlement for 2006-2007 of CPIX plus 2%.

Peermont Global HR director Kathleen Houston said: "We are pleased with the speedy resolution to the industrial action and thank the CCMA for their intervention, which greatly assisted us in the negotiations throughout the week.

"The company is pleased to advise that its contingency plans worked well, and all operations ran smoothly during the strike."

Peermont Global CEO Ernie Joubert commented: "I would like to extend my sincere appreciation to all our guests and staff during this period and thank all involved for resolving the matter quickly and without incident."

Peermont Global financial director Anthony Puttergill told I-Net Bridge earlier in the week that the companys revenues had not been impacted by the strike, given that it had deployed workers from its back-house operations to replace striking front-house staff.

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