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Bloomberg News reports that President Cyril Ramaphosa bemoaned the poor state of labour relations at some mining companies just days after striking Sibanye-Stillwater gold mineworkers stormed the stage where he was speaking in Rustenburg.
The workers, on strike at the precious metals producer for the last two months, were demanding that the company meet their demands. Ramaphosa was forced to abort his May Day speech and was taken to safety by his security detail. Ramaphosa founded the National Union of Mineworkers in the 1980s and led the largest-ever gold industry strike in 1987. Speaking on Friday in a speech at a mine owned by Anglo American Platinum and, without mentioning Sibanye by name, he urged mining companies to negotiate with workers. “Hostility between employers and employees should belong in the dustbin of history. We should not continue to be trapped by the past where there was total hostility between stakeholders,” he said. Sibanye’s workers want a raise of R1,000, while the company is offering R850. They were further angered late last month when Sibanye revealed that its CEO, Neal Froneman, had earned over R300 million in the previous financial year, mainly due to the performance of the company’s shares.
- Read the full original of the report in the above regard by Antony Sguazzin at Fin24
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