The Ghana Mines Workers Union (GMWU) of the Trades Union Congress (TUC) has instituted two schemes which would improve the economic conditions of its 16,000 members and indirectly impact on their dependants.
These are the Ghana Mines Workers Union Investment Company Limited and the Miners Harsh Fund.
Mr Eric Kwabena Gyima, the Deputy General Secretary of the union, told the GNA in an interview on Monday that under the first scheme, funds would be sourced from union members' contributions.
He said it would enable contributors to take loans to pay fees, take care of bereavement and other financial needs as well as imbue in them the
culture savings.
Mr Gyima said under the fund members would make compulsory daily contribution of 01 Ghana cedi and funds would be used to cushion workers in
times of industrial disputes especially when management decides to withhold salaries.