The company says it’s been trying to negotiate with unions for about 10 months now and many adjustments have been made.
Sibanye-Stillwater's James Wellsted said:"It’s been about a 10-month long process, it's been an extended engagement."At the end of last year [2021] before the December break we actually paid back-pay on the current offer that we had on the table at that time to employees so that they would go home, at least with something, for the December break to share with their families. At that point, it was R450.
"We’ve subsequently moved our offer a number of times. On 4 February we offered R700 on the basic increase and R100 live-out allowance and then we recently on 19 April again adjusted that to an R800 basic increase and R50 live-out allowance. That contrasts with the union's R1,000 demand on basic and R100 live-out allowance. That’s quite a bit higher than where we are."
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CEO's R300m pay packet a new flashpoint in Sibanye strikeSibanye-Stillwater CEO Neal Froneman's R300m pay package in 2021 is expected to complicate wage negotiations with workers whose strike is now in its second month.
Read more »
'Sibanye-Stillwater CEO pockets R300m pay packet, but staff get next to nothing'Sibanye-Stillwater CEO Neal Froneman's R300m pay package in 2021 is expected to complicate wage negotiations with workers whose strike is now in its second month.
Read more »
Cosatu says heckling of ANC's Ramaphosa at May Day rally was unfortunateRamaphosa was booed and told to leave a Cosatu May Day rally on Sunday by disgruntled Sibanye Stillwater gold operations employees.
Read more »
Angry mineworkers force Ramaphosa forced to abandon Workers' Day addressThe workers have been on strike for three months in support of their demand for a R1000 increase
Read more »
Angry mineworkers force Ramaphosa to abandon Workers’ Day addressThe workers have been on strike for three months in support of their demand for a R1000 increase
Read more »