Strike ends as Sibanye and gold miners reach settlement | Fin24

A three-month strike at Sibanye-Stillwater's gold operations was called off on Friday after union members agreed to the company's latest offer. | Fin24

Image: National Union Mineworkers

Against a wage demand of R1 000 increase in each year of a three-year wage agreement, Sibanye workers have settled on an increase of R1 000 for the first year, a R900 increase in the second year and a R750 increase in the third year. Workers will also receive an R3 000 once-off"hardship" payment, a portion of which will be used to cover any debts incurred for food and board on the mine's properties over the past 12 weeks.

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:

News24 /  🏆 4. in ZA

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.

Unions, Sibanye miners to discuss new wage figuresThe outcome of a mass union meeting expected to take place at the Unions Buildings in Pretoria on Friday could mean the end of the Sibanye-Stillwater strike that has lasted for three months.
Read more »

UPDATE: Miners in court over the Marikana massacreVIDEO | The tragic events of Marikana are back in the spotlight as miners prepare to face off with Sibanye-Stillwater mine and President Ramaphosa over the Marikana massacre.
Read more »

Union leaders to speak at Union Buildings about Sibanye strikeOn Friday, NUM and Amcu leaders will give striking workers a progress report on the ongoing wage talks led by the CCMA
Read more »

LABOUR RELATIONS: Signs of imminent deal to end Sibanye gold strike as union boss Joseph Mathunjwa rallies ‘Numco’The Amcu president has called on his members and those of the NUM union who are striking at Sibanye-Stillwater’s gold mines to gather at the Union Buildings on Friday for ‘feedback’ on the company’s latest offer amid signs that a tentative deal has been reached. Intriguingly, he used the term ‘Numco’ and appeared in a shirt bearing the NUM and Amcu logos.
Read more »

Union leaders to tell workers to end three-week camp at Union BuildingsUnion leaders are expected to address striking Sibanye-Stillwater mineworkers at the Union Buildings on Thursday afternoon.
Read more »