Sibanye-Stillwater offers revised increases after CCMA stated trade unions may go on strike
7 February 2022
Solidarity today announced that Sibanye-Stillwater had tabled a revised wage increase offer to employees working at its gold mines. This turn of events comes after seven months of negotiations had deadlocked.
Solidarity points out that the mining company resumed negotiations after the Commission for Conciliation, Mediation and Arbitration (CCMA) had issued a certificate granting trade unions the right to embark on strike action.
“It would appear as if an agreement may now be within reach with Sibanye-Stillwater after a marathon negotiation session last Friday,” says Solidarity General Secretary Gideon du Plessis. “The trade unions will this week consult with their members about the revised offer. Solidarity cannot speak on behalf of other trade unions but will encourage its members to consider the new offer favourably”.
According to Solidarity, the company’s previous offer for the miners, artisans and officials represented by Solidarity was a 4,1% increase for year one; a 4,7% increase for year two; and a 4,7% increase for year three as well. The offer has now been increased to grant a 5% increase to this category of employees for each of the coming three years. The 5% offer is higher than 2021’s average inflation rate and is higher than the average inflation forecasts for 2022 and 2023.