Fin24

Num: Pay workers more with Eskom profit

2011-11-24 11:19

Johannesburg - The profit made by power utility Eskom should go towards better wages for its workers, the National Union of Mineworkers (Num) said on Thursday.

"The Num appeals to the power parastatal to accede to the demands made by its workforce now that the company has declared huge amounts of money," Num spokesperson Lesiba Seshoka said in a statement.

On Wednesday, Eskom declared net profit of R12.8bn in the six months to the end of September.

Eskom grew revenue by R63.9bn, mainly driven by the 25.8% tariff increase which was granted by the National Energy Regulator of SA and came into effect from April.

Seshoka said the Num was involved in a bitter wage battle with Eskom.

This had been taken to arbitration and would continue at the Commission for Conciliation, Mediation and Arbitration from December 2 to December 8.

The Num would hold an Eskom national shopsteward council in Johannesburg on Friday to consider, among other matters, the impact of the utility's interim results.

It said Eskom had unilaterally implemented a 7% increase, backdated from July, to take effect in September.

The Num wanted a 13% hike.

Comments
  • gcr - 2011-11-24 12:37

    This is so typical of the trade unions - I don't see them toy toying in the streets because productivity has declined by 40% since 2004. How can you pay more for less defies logic.The trade unions represent 4% of the total population of this country yet dictate policy and price - absolute nonsense those people who are genuinely looking for work should seek it on the basis of guarantees that they won't join a trade union nor will they strike but rather negotiate salary increases based on performance criteria

  • taurais - 2011-11-24 12:59

    These people on drugs?? do they not know what everybody else in this country knows that Eskom is gonna have to take on massive debt to keep the lights on and the economy running??

  • Nuck Choris - 2011-11-24 13:45

    You have got to be kidding. There employees are the best paid in the country. Rather invest in preventative maintenance or infrastructure. What a bunch of fools....really, you would swear we were still in the stone age with these idiot union remarks.

      taurais - 2011-11-24 13:51

      No they are not!! Their unofficial BMW policy(true story) is just for irony!! LOL

  • Honest Raymond Makoi - 2011-11-24 18:41

    Oh my word! So stupid. Who do they think is gonna pay for the 400 billion rand expansion program... I am over brainless twits... Can they just think before they talk!

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