South Africa’s five-month long wage strike in the platinum sector has ended, according to the Association of Mineworkers and Construction Union (Amcu).
The union says it has accepted a wage settlement that would increase the basic salary of the lowest-paid worker by R1 000 over three years, excluding other benefits.
“Amcu makes a difference. You made history with the strike. Your strike is ranked the third-longest strike in the world,” union leader Joseph Mathunjwa told about 20 000 members at the Royal Bafokeng Sports Palace in Phokeng, near Rustenburg.
Some of the workers will receive R12 500 before the end of the agreement. Workers would receive back pay within seven days of returning to their jobs on Wednesday. Mathunjwa said the agreement would be signed on Tuesday.
Amcu members in the platinum sector went on strike on January 23 demanding a basic monthly salary of R12 500. Since then, the platinum companies have forfeited earnings of around R23.1 billion, while employees have forfeited earnings of some R10.3 billion, making this the longest and costliest strike in South Africa’s history.
Amcu: The platinum strike is over
Progress towards wage settlement in platinum strike
Infographic: South Africa’s platinum strike statistics