Today's Labour News

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Sibanye StillwaterANA reports that amid an ongoing strike at its local gold operations, Sibanye-Stillwater said on Friday that it would be extending a special cash advance of up to 50% of basic pay to employees in the bargaining unit, if they required it.  

The precious metals producer said it was doing this in a bid to mitigate the negative financial impact of the strike on its employees ahead of the Christmas holidays and January back-to-school periods.  The cash advance would be available to all category 4-8 employees, miners, artisans and officials in the bargaining unit who were at work and who specifically requested to receive the cash advance before 4pm on Tuesday this week.  The advance would be repaid to the company over a five-month period via payroll deductions, from the end of February 2019.  Sibanye CE Neal Froneman said management had been concerned about the timing of the strike and the financial hardships that employees who have been on strike, or not at work, would suffer due to the "no work, no pay" principle, which was still applicable.  On Thursday, Sibanye indicated that the ongoing strike by workers affiliated to the Association of Mineworkers and Construction Union (Amcu) was no longer protected as they were henceforth bound by the extension of the collective agreement with the other three unions.   Sibanye indicated that it expected the strikers to report back to work this past weekend.


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