BusinessLive reports that Sibanye-Stillwater said on Wednesday that the five-month strike by members of the Association of Mineworkers and Construction Union (Amcu) at its gold mines has ended.
The wage strike, which had been marred by violence and intimidation, commenced on 21 November 2018 and ran run up losses for the company of about R1.5bn. Management and Amcu met at Sibanye’s offices in Libanon near Westonaria, to sign the agreement to end the strike. Amcu signed the same agreement the other three unions in the bargaining unit signed in November, as well as accepting a R4,000 cash payment for each of its 14,000 striking members, and a soft R5,000 loan to be repaid over 12 months. Sibanye will provide transport to bring Amcu members back to the mines from their homes in rural areas. Sibanye CEO Neal Froneman commented: “We are encouraged by Amcu’s commitment to peace and safety. We are hopeful that the relationship can now be rebuilt in a constructive manner, for the future benefit of all stakeholders.” As part of the agreement, management and Amcu leadership would engage in a “facilitated, post-strike relationship building programme.
- Read the full original of Allan Seccombe’s report on the ending of the strike at BusinessLive
- Read too, Sibanye strike ends after Amcu accepts old offer five months later, at Independent News
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