Amcu strike at Sibanye Gold ends with wage agreement - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABC News Online
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Amcu strike at Sibanye Gold ends with wage agreement

after signing a three-year wage deal which sees salaries increase by R650 for the first year, R700 for the second and R825 for the third year.

Amcu president, Joseph Mathunjwa, says that the end of the strike shows that their members cannot be continuously bullied by white monopoly capital. “The fight that we are fighting is not just a wage increase; we are fighting an apartheid legacy of which was created mainly for black workers, in particular in the mining sector through the years, of which our government is not prepared to entertain it in as much as we contribute. I mean if one can say, 5% of the GDP, but in terms of beneficiation, surely we are above 60%. And this is has been continuing from 1994 to date.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Wage agreement my foot,this is the agreement they should have signed in the first place.but I can't blame mathunjwa,the mandate comes from the workers.

Why did Amcu be so hard headed only to comeback and sign same deal others agreed to months earlier, is this a caring union?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 32. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sibanye-Stillwater, AMCU seal wage deal - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The five month strike by the Association of Mineworkers and Construction Union (Amcu) at Sibanye-Stillwater has ended after the two parties reached an agreement.
Source: SABC News Online - 🏆 32. / 51 Read more »

BUSINESS MAVERICK: Five-month strike at Sibanye-Stillwater gold mines has ended after Amcu decided to cut its lossesThe Association of Mineworkers and Construction Union’s strike at Sibanye-Stillwater gold mines, the biggest remaining mines in the country, was meant to solidify its place in the industry in opposition to the National Union of Mineworkers. In fact, it has weakened the union, and handed its competitors a peculiar kind of victory. And who is going ti pay my lost salary for 5 months? StupidIdea Uselessness Why? .. because it's longer making money 🙄🙄
Source: dailymaverick - 🏆 3. / 84 Read more »