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NUM to oppose Eskom asset sales

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Johannesburg – The National Union of Mineworkers (NUM) said on Friday it would oppose any attempt by cash-strapped Eskom to sell assets, especially its finance company which helps provide home loans to employees.

"The NUM will never support any decision that will affect its members and other employees at the company," NUM spokesperson Livhuwani Mammburu said.

Eskom chief executive Tshediso Matona told the Reuters Africa Investment Summit that asset sales were being considered as a way to raise capital.

READ: Eskom may sell assets to raise cash - CEO

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