SA’s largest domestic gold producer, Sibanye-Stillwater, faces a strike from the Association of Mineworkers and Construction Union (Amcu) over unhappiness with a wage increase settled with other unions. Amcu said on Monday the settlement with the other unions at the gold operations fell short of its wage demand of R1,000 extra a month and it had issued Sibanye with a 48-hour strike notice, making for a protected strike.

The union, which represents 43% of the gold division’s 32,200-strong workforce, balloted its members on Sunday, securing a mandate to go on strike from Wednesday evening. Sibanye agreed with three other unions to increase wages of the lowest-paid workers by R700 a month in the first two years of the deal and R825 a month in the third year. Sibanye CEO Neal Froneman blamed Amcu’s national leadership  for the breakdown in talks, saying they intervened and stuck with their opening demands in the three-year wage negotiations, which were unaffordable.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now