NUM calls for Eskom strike during election week | Fin24
 
  • New Notes

    Long queues have formed in Harare after Zimbabwe released new bank notes and coins.

  • Open Book

    Former President Jacob Zuma says the public protector can access his tax records.

  • Electricity

    Sowetans should pay rate of R150/month to foster a payment culture, says an ANC councillor.

Loading...

NUM calls for Eskom strike during election week

Jan 30 2019 12:10
Paul Burkhardt

Workers at Eskom will strike during the week of scheduled elections in South Africa to protest the possible sale of shares and planned job cuts at the embattled state-owned power utility, according to a regional branch of the National Union of Mineworkers.

“The truth of the matter is that this unbundling is nothing but privatization,” the NUM’s Highveld region said in an emailed statement. “This decision will lead to massive retrenchments at Eskom,” Bizzah Malekutu waga Motubatse, the region’s deputy chairman, said in the statement.

The region’s special council “resolved on marching to Luthuli House and embarking ona full-blown strike on the week of the national and provincial elections,” it said, referring to the headquarters of the ruling African National Congress. South Africa will hold national and provincial elections in May, though a date has yet to be announced.

Earlier this week Business Day reported that the ANC agreed that selling shares in Eskom is an option to rescue the debt-laden utility, citing a resolution adopted by the party’s executive that met the preceding weekend.

A task team appointed by President Cyril Ramaphosa put forward a package of proposals that includes splitting Eskom into three state-owned companies for generation, transmission and distribution, and also recommended a substantial bailout and tariff increases, the Johannesburg-based newspaper reported.

num  |  strike action  |  eskom  |  elections 2019  |  soes
NEXT ON FIN24X

 
 
 
 

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

What do you think about private healthcare in SA?

Previous results · Suggest a vote

Loading...