Wage talks between Sibanye Stillwater, unions to continue next week - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Wage talks between unions and Sibanye Stillwater mine management are expected to continue next week.

Association of Mineworkers and Construction Union

and the National Union of Mineworkers say the offer is an increase R700 in the first year, R1 000 in the second and R900 in the third. The unions have refused to budge from their R1 000 wage demand and a 6% increase.They have rejected the offer of 5% and an additional R3 000. The mine’s striking workers who have beenin protest, say they are determined to continue until the impasse is resolved.

AMCU General-Secretary Jeff Mphahlele says the current high inflation rate would swallow what he terms management’s negligible offer. “The inflation rate as we speak is standing at 5.9%. What Sibanye is giving is far lower by 0.9% basis and Sibanye wants certain categories of workers to take 5%, which is far below the cost of living,” says Mphahlele.Share article

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:

 /  🏆 37. in NG
 

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

Sibanye must not relent and cow down to hooliganism

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines