(Video Incl.)They made Western/Anglo corporations bow…South Africa platinum strike ends with wage deal

Greetings,

A sign of growing confidence and independence is showing. Blacks are rising up all over the world demanding their dignity and human rights. South African strikers forced the Government into listening by staging walk-outs.

They forced Western corporations to bow. When the anglo/Western corporations realized that they were losing billions and the government of South Africa could do little to stop the striking protestors, they were cowed and forced into meeting the financial demands of the people to make a living wage!!!

  South Africa platinum strike ends with wage deal

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The world’s largest platinum producers have signed a wage deal with union leaders in an effort to end the long-running mining strike in South Africa.

On Tuesday, the mining companies Lonmin, Anglo-American Platinum (Amplats) and Impala Platinum inked the deal with the Association of Mineworkers and Construction Union (AMCU), which has hailed it as a “victory” for the workers.

Under the agreement, wages for the lowest paid workers whose basic salary is less than 12,500 rands ($1,180) would increase by 1,000 rands ($95) a month for two years and by 950 rands in the third year.

The companies, however, said “there are no winners in this strike,” as Lonmin hinted at “inevitable” restructuring which might indicate job cuts.

“It is our sincere hope that our companies, our industry, our employees and all other stakeholders will never again have to endure the pain and suffering of this unprecedented strike period,” the CEOs of the three companies said in a joint statement.

The strike, which lasted for five months, damaged production in the world’s top platinum-exporting country. Companies reported a combined loss of 24 billion rands ($2.27 billion) in earnings and 10.6 billion rands (about $1 billion) in workers’ wages.

Miners are expected to resume working on Wednesday. They had originally called for basic wages to be increased to 12,500 rands. Thirty-four workers were killed in 2012 during a strike at Lonmin over the demand for 12,500 rands.

On January 23, over 70,000 workers downed tools for the same demand and better benefits.

Source: www.presstv.ir 

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