BUSINESS MAVERICK: Five-month strike at Sibanye-Stillwater gold mines has ended after Amcu decided to cut its losses

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 84%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

BUSINESS MAVERICK: Five-month strike at Sibanye-Stillwater gold mines has ended after Amcu decided to cut its losses By Tim Cohen tim_cohen

The Association of Mineworkers and Construction Union has agreed to end its five-month strike at Sibanye-Stillwater gold mines, accepting essentially the same agreement as members of the National Union of Mineworkers accepted months ago.

Amcu President Joseph Mathunjwa said at a press conference on Wednesday there was no political pressure for the union to sign an agreement with Sibanye.The decision was solely based on the plight of and mandate from our members whom we serve,” he said. Amcu really didn’t have an answer to Froneman’s argument, since if it were to win extra concessions, it would be satisfying its existing membership at the expense of its potential membership.

 

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

Why? .. because it's longer making money 🙄🙄

And who is going ti pay my lost salary for 5 months? StupidIdea Uselessness

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:

 /  🏆 3. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Business Maverick: Zimbabwe, Russia Sign $4 Billion Platinum Mine DealZimbabwe has signed an agreement with Russia to build a new platinum mine in the southern African country, finalizing a deal that’s stalled since 2014.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Uber Makes IPO Case That It’s About the Platform, Not the LossesUber Technologies Inc., the current era’s archetypal startup, moved toward becoming a public company Thursday, revealing that it racked up a $3 billion operating loss last year and hoping potential investors will look beyond that.
Source: dailymaverick - 🏆 3. / 84 Read more »