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“It is disappointing that while we have increased our offer five times, the unions have not moved significantly from their initial demands.
The offer takes into account that the cost of living has increased and is above the average inflation rate of 3.6% over the past year.
This process allows the parties a further opportunity to find each other and in most cases leads to a positive outcome.
"It is vital that unions recognise that modernisation of mining is imperative for the lives of mines, jobs and creation of opportunities."
"The settlement agreement is fair and balanced, taking into account the impact increases in cost of living are likely to have on employees."
Ben Magara and Joseph Mathunjwa reached an agreement on the eve of Workers’ Day that marked the imminent takeover of Lonmin Platinum by Sibanye Stillwater.
Sibanye-Stillwater reports that the independent exercise to verify the movement in union membership was concluded on 4 April 2019.