Today's Labour News

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eskomEWN reports that Eskom has refuted claims by the SA Federation of Trade Unions (Saftu) that it is planning to sell its core assists to avoid bankruptcy.  

SA Federation of Trade Unions (Saftu) general secretary Zwelinzima Vavi told The Sunday Independent that the federation was aware of plans by the Energy Department to privatise the state-owned power utility in a bid to solve its financial woes.  Eskom spokesperson Khulu Phasiwe said that, as far as the board and executive of the utility were concerned, there were no plans to sell off the parastatal and he added that only government, as the sole shareholder of the power utility, could make that decision.  “The shareholder would have to make a decision as to how this process is going to happen.  But, what I know for sure is that the government, through the Department of Public Enterprises, has already said many times in Parliament that they have absolutely no plan to sell Eskom,” Phasiwe stated

  • This short report by Bonga Dlulane is at EWN


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