Sibanye-Stillwater to cut over 6000 jobs

Miners in a mine shaft
Reading Time: 2 minutes

Sibanye-Stillwater announced that over 6000 jobs are at risk of being cut at two of its gold mines – shafts in Beatrix in the Free State and Driefontein, west of Johannesburg.

The mine says this is due to operational and financial risks.

Meanwhile, workers affiliated to the Association of Mineworkers and Construction Union (Amcu) are striking for a third month for better pay.

Gideon du Plessis, General Secretary of trade union Solidarity, says the tax rate, gold price and Amcu strike are among the reasons for the possible retrenchments.

“In the negotiations, we said to each other, let’s not play into the hands of the employers. Let’s not give them a reason to retrench workers…Let’s protect jobs,” says Du Plessis.

Listen to the full interview below:

Amcu says it views the planned job cuts at Sibanye-Stillwater as a means to pressure them into conceding defeat in their pursuit for better pay for mineworkers.

Amcu President Joseph Mathunjwa says Sibanye-Stillwater’s Chief Executive Officer (CEO), Neal Froneman is using underhand tactics to place pressure on the union.

“These are the underhand tactics used by Froneman. He tried all the tactics to break the strike, he failed. He went to the Labour Court, he failed. So now he is coming with this strategy to ensure that NUM becomes a majority. The issue is about the verification of the members to allow him to extend this agreement that was signed by three yellow unions. So for him, he will continue because he wants to see this slave wage agreement being extended to all workers,” says Mathunjwa.

Watch a related video below: