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The Weekly Update EP:02 Prince Mashele on the latest news over the past week.

The Weekly Update EP:02 Prince Mashele on the latest news over the past week.

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    Sibanye-Stillwater increases wage offer for striking gold mineworkers

    Sibanye-Stillwater on Friday, 22 April, gave gold mineworkers a higher wage offer, a month and a half into a strike at its gold operations.
    NUM and AMCU members, who have been on strike at Sibanye-Stillwater's gold operations since 9 March, leave after holding a mass meeting at the Driefontein mine in the southwest of Johannesburg. 22 April 2022. Reuters/Siphiwe Sibeko
    NUM and AMCU members, who have been on strike at Sibanye-Stillwater's gold operations since 9 March, leave after holding a mass meeting at the Driefontein mine in the southwest of Johannesburg. 22 April 2022. Reuters/Siphiwe Sibeko

    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.

    Source: Reuters

    Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day.

    Go to: https://www.reuters.com/
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