Today's Labour News

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eskomBusinessLive reports that trade unions have requested a meeting with the public enterprises and finance ministers and Eskom's board to fast-track wage negotiations.  

Although the unions have agreed to take Eskom's latest wage offer of 7.5% in 2018 back to members, they said they wanted to speak directly with the power utility's shareholders to intervene in the difficult talks.  The new offer also includes a 6.5% increase in 2019 and 6.25% in 2020.  Marathon talks that lasted for 13 hours on Tuesday narrowed the gap between the parties, but they remained bogged down by demands over housing allowances and bonuses.  Eskom management told unions they were still waiting for audited financial statements in order to make proposals on bonuses, while they offered inflation-targeted housing allowance increases.  The housing allowance demand was apparently reduced from R1,000 to R500, but Eskom still maintained it could not afford that.  The National Union of Mineworkers (NUM) confirmed it would not resort to strike action just yet, as earlier threatened.  The NUM, Solidarity and the National Union of Metalworkers of SA (Numsa) will reportedly begin consultations with members over the new wage offer.

  • Read this report by Theto Mahlakoana in full at BusinessLive


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