Mining company Sibanye-Stillwater on Friday gave South African gold mine workers a higher wage offer, a month and a half into a strike at its gold operations in the country.
Under Sibanye’s “final settlement offer”, entry-level employees would be given an annual increase of R850 a month each year between 2022 and 2024, including a R50 increase in living out allowance.
Sibanye previously offered entry-level workers an annual increase of R800 a month, including a R100 a month increase in living out allowance. The company’s offer to miners, artisans and officials remains a 5% pay increase each year.
“We urge employees to carefully consider the offer we have made and to ensure that their voices are heard,” Richard Cox, executive vice president of Sibanye’s South Africa gold operations, said.
The striking unions, National Union of Mineworkers (NUM) and Association of Mineworkers and Construction Union (AMCU), earlier today cancelled a planned protest march on the Johannesburg Stock Exchange, instead holding mass meetings at the Driefontein and Kloof gold mines.
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