Gold Miners’ Strike in South Africa is Still Going on Owing to a Deadlock in Pay Negotiations.

The strike in South Africa’s gold mining sector is now in its second week, with no deal reached between the mining corporation Sibanye Stillwater and two major labor organizations.

Around 30,000 miners from the National Union of Mineworkers (NUM) and the Association of Mineworkers and Construction Union (AMCU) went on strike last week when Sibanye refused to give them a three-year pay increase of 1,000 rand (around 66 dollars). For those three years, the corporation gave 700 rand for each year.

Since the industrial action was launched, parties have been unable to locate one other, according to NUM President Joseph Montisetse. He said that owing to the commodities boom, Sibanye generated a profit of 28 billion rand in 2020/2021, but that it was refusing to satisfy their fair salary requests. Other miners in the industry who made less money than Sibanye had agreed to their wage requests.

Your Friends Also Read:  South Africa Labour Unions Mounts Pressure on Clover as Strike Enters 10th Week

Montisetse accused Sibanye of bargaining in bad faith, alleging that CEO Neal Froneman told reps not to “move away from their first offer.”

Two additional minority-represented unions have now accepted Sibanye’s amended pay offer, according to Sibanye.

“We are hopeful that both the AMCU and the NUM will soon follow suit in order to avoid further strike-related consequences for employees and other stakeholders,” Froneman said.

In 2019, a five-month strike in the gold sector occurred.

All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from News Central TV.
Your Friends Also Read:  Ghana to boost healthcare with "world's largest drone delivery service"



Leave a Reply

Previous Article

Nigeria's Hopes for 9,000MW Renewable Energy Have Been Rekindled by New Guidelines

Next Article
Breaking 7.3 Magnitude Quake Hits North Japan, Power Cut Hit 2 Million Homes ( News Central TV)

Breaking: 7.3 Magnitude Quake Hits North Japan, Power Cut Hit 2 Million Homes

Related Posts
Powered by Live Score & Live Score App