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'Amcu must realise financial effects of strike'

The platinum strike has already cost companies over R13 billion.

Amcu members have been on strike for higher wages since January. Picture: AFP.

JOHANNESBURG - Anglo American Platinum (Amplats) says it hopes the Association of Mineworkers and Construction Union (Amcu) will realise the financial effects of its three-month-long strike in the platinum sector and accept its new wage offer.

Amplats, Impala Platinum (Implats) and Lonmin are offering a R12,500 salary to workers by mid-2017.

Amcu says it will meet with the CEOs of the companies today to discuss what the offer entails.

The strike has already cost the companies over R13 billion while employees have lost R6 billion.

Amplats spokesperson Mpumi Sithole says, "We are hopeful that Amcu will seriously consider the offer to ensure that we end the strike so that our employees can return to work."

Meanwhile, Amcu leader Joseph Mathunjwa has slammed mining houses for discussing the new wage offer with the media.

"They will use anything to protect the interests of the capital."

Amcu President Joseph Mathunjwa says the union will carefully calculate the new offer before presenting it to members.

The union has established a fund to help workers who haven't been paid for more than three months.

Amplats says the new offer will see entry level underground employees receiving an annual salary of R150,000.This will include holiday, living out and other allowances.

The company says issues such as workers' living conditions will be addressed through a joint task team.

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