13 June 2022 1 Min Read
NEWS LEADER
WATCH: Unions and Sibanye-Stillwater agree to 3-year wage deal
Business Day TV talks to Sibanye-Stillwater’s executive vice-president of investor relations and corporate affairs, James Wellsted, and National Union of Mineworkers spokesperson Livhuwani Mammburu
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Striking Sibanye-Stillwater workers demonstrate at the Union Buildings in May. The wage dispute is not the only problem the company faces: it is now being sued by Appian Capital Advisory for walking away from a deal to buy mines in Brazil. Picture: ALAISTER RUSSELL
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Sibanye-Stillwater is set to restart operations at its gold mines in Gauteng and the Free State after signing a three-year wage deal with unions. The move puts an end to a three-month strike where employees forfeited more than R1.2bn in wages. Business Day TV discussed the deal in greater detail with Sibanye-Stillwater’s executive vice-president of investor relations and corporate affairs, James Wellsted, and National Union of Mineworkers spokesperson Livhuwani Mammburu.
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