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Leslie Sedibe, Proudly South African CEO

  • Jun 24, 2014
  • Comments Off on South African platinum sector strike finally ends
  • Mining
  • 746 Views
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Proudly South African has welcomed the announcement that the five-month-long strike in the South African platinum sector has ended, with workers due to resume their duties on 25 June 2014.

“The strike has placed a major burden on South Africa’s economy as well as having impacted negatively on many small businesses and countless households. We are pleased that the parties have found each other – it is a victory for everyone,” said Leslie Sedibe, Proudly South African CEO.

Sedibe said Proudly SA was confident the agreement will go a long way to preserving existing jobs, especially in the SMME sector affected negatively through the strike, as well as rebuilding the platinum sector and creating new jobs within that sector.

“We are hopeful that the miners will get back on their feet quickly following the platinum sector deal, as well as those small businesses which serve the mining community,” he said.

The president of the Association of Mineworkers and Construction Union (Amcu), Joseph Mathunjwa, on 23 June 2014 said a wage deal and the bulk of the workers’ demands had been accepted by the mining companies involved.
Amcu accepted a wage settlement that would increase the salary of the lowest paid worker by ZAR1 000 over three years.

Salaries are set to increase by ZAR1 000 in the first two years and in the third year, they will increase by ZAR950.

The salary of officials and artisans would increase by 8% in the first year and by 7.5% in the second and third year.

While the living-out allowance will not be increased over the three-year period, other benefits will increase annually based on the Consumer Price Index (CPI).

Amcu members at Lonmin, Impala Platinum and Anglo American Platinum went on strike on 23 January 2014, demanding a monthly basic salary of ZAR12 500.

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