BUSINESS MAVERICK: Five-month strike at Sibanye-Stillwater gold mines has ended after Amcu decided to cut its losses By Tim Cohen tim_cohen
The Association of Mineworkers and Construction Union has agreed to end its five-month strike at Sibanye-Stillwater gold mines, accepting essentially the same agreement as members of the National Union of Mineworkers accepted months ago.
Amcu President Joseph Mathunjwa said at a press conference on Wednesday there was no political pressure for the union to sign an agreement with Sibanye.The decision was solely based on the plight of and mandate from our members whom we serve,” he said. Amcu really didn’t have an answer to Froneman’s argument, since if it were to win extra concessions, it would be satisfying its existing membership at the expense of its potential membership.
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