HomeNewsAMCU agrees to take platinum wage offer to employees

AMCU agrees to take platinum wage offer to employees

The Association of Mineworkers and Construction Union (Amcu) has agreed to take the latest wage offer by platinum producers to its workers, which may finally bring an end to the longest and costliest strike in South Africa’s history.

Platinum producers, Anglo American Platinum (Amplats), Impala Platinum (Implats) and Lonmin have announced that ‘in principle’ undertakings have been reached with the leadership of Amcu in respect of wages and conditions of employment. AMCU will be discussing these ‘in principle’ undertakings with its members to seek a mandate to accept the offers which, if given, will bring to an end the 21-week long strike.

The principles that underpin the proposals seek to achieve a sustainable future for the three platinum companies for the benefit of all stakeholders and to afford employees the best possible increase under the current financial circumstances.

The companies expect to receive feedback from Amcu on Friday, 13 June. Thereafter, and should an agreement be reached, the companies will be assisting employees to ensure a safe return to a normal working environment.

Since the strike began on 23 January 2014, the producers have forfeited earnings of R22 billion, while employees have forfeited wages of around R10 billion. Amcu has persisted to demand a basic wage of R12 500 for its members, while the producers’ current offer would see workers earn a minimum cash remuneration – comprising basic wages and holiday, living-out and other allowances – of R12 500 a month by 2017.

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