You are currently viewing our desktop site, do you want to download our app instead?
Moneyweb Android App Moneyweb iOS App Moneyweb Mobile Web App

NEW SENS search and JSE share prices

More about the app

SA’s rival unions unite in dispute over gold miner pay

Collectively, they are asking for a monthly pay increase of R1,500 for workers in Sibanye’s gold mines.
Image: Bloomberg

South Africa’s long-divided mining unions are forging a united front against the industry’s largest employer as they declared a dispute over wage negotiations with Sibanye Stillwater Ltd.

The National Union of Mineworkers, Association of Mineworkers and Construction Union, UASA and Solidarity will hold an unprecedented joint press conference over their issues with the company on October 1, the labour groups said Wednesday in a statement. Collectively, they are asking for a monthly pay increase of R1,500 ($100) for workers in Sibanye’s gold mines. The deal would run over each of the next three years.

A united labour force will present a different dynamic for South African mining companies. NUM and AMCU, the biggest unions in the gold sector, have previously refused to sit at the same negotiating table, with a history of violent clashes between their members. Three years ago, AMCU embarked on a five-month strike that crippled Sibanye’s gold mines after it initially rejected a wage deal that had been agreed upon by the other unions.

“We are all fighting for the common cause,” said NUM spokesman Livhuwani Mammburu. “What’s the use of allowing companies like Sibanye-Stillwater to divide us.”

The unions signed a wage deal earlier this month with Harmony Gold Mining Co., which Sibanye should reference for its own offer, they said. Harmony workers will receive a monthly pay increase of R1,000 for each year of the agreement.

The labour groups have declared a dispute and the talks are now taking place under the auspices of the Commission for Conciliation, Mediation and Arbitration, said Sibanye spokesman James Wellsted. The wage increases are unaffordable for the company and “will result in the early closure of the mines if we accede to the unions demands,” he said.

Sibanye employs almost 31 000 workers in a South African gold industry that’s struggling to curb costs amid the geological challenges of the world’s deepest mines.

© 2021 Bloomberg

COMMENTS   1

You must be signed in to comment.

SIGN IN SIGN UP

$100 more per month is really not much to ask considering how much food prices and everything else has jumped up.

Mining is a hard physical work, plus we did have a record profits in all mining/commodity sectors.

End of comments.

LATEST CURRENCIES  

USD / ZAR
GBP / ZAR
EUR / ZAR
BTC / USD

SEARCH COMPANIES
Enter company name or share code:

ECONOMIC DATA  

  CPIThe Consumer Price Index (CPI) measures monthly changes in prices for a range of consumer products Sep 2021 4.90%
  CPI ex OERThe Consumer Price Index excluding Owners’ Equivalent Rent (CPI ex OER) measures monthly changes in prices for a range of consumer products excluding Owners’ equivalent rent that measures changes in the cost of owner-occupied housing Sep 2021 5.50%
  RepoThe rate at which the Reserve Bank lends money to the country’s commercial banks and set by the Reserve Bank’s Monetary Policy Committee. Oct 2021 3.50%
  Prime lendingThe Prime Lending Rate is the rate of interest that commercial banks will charge their clients when issuing a loan (home loan or vehicle finance) Oct 2021 7.00%
INSIDER SUBSCRIPTIONS APP VIDEOS RADIO / LISTEN LIVE SHOP OFFERS WEBINARS NEWSLETTERS TRENDING PORTFOLIO TOOL CPD HUB

Follow us:

Search Articles:
Click a Company: