Sibanye-Stillwater, AMCU seal wage deal - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Sibanye-Stillwater, AMCU seal wage deal via SABCNewsOnline

As part of the agreement, Amcu has committed to signing the 2018 three-year wage agreement previously signed with National Union of Mineworkers, Solidarity and UASA in respect of wages and conditions of service for the period 1 July 2018 to 30 June 2021.

Sibanye-Stillwater has agreed to a R4 000 payment for all employees at its gold operations in the form of cash or a voucher to alleviate hardship. It has also offered a cash advance of R5 000 upon request of the employees which will be repayable over a 12 month period and will also assist with debt consolidation and counselling.

Source: News Formal (newsformal.com)

 

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