Today's Labour News

newsThis news aggregator site highlights South African labour news from a wide range of internet and print sources. Each posting has a synopsis of the source article, together with a link or reference to the original. Postings cover the range of labour related matters from industrial relations to generalist human resources.

irvinjimANA reports that the National Union of Metalworkers of SA (Numsa) has accused the governing African National Congress (ANC) of pursuing what it called “nefarious” plans to privatise power utility Eskom and other cash-strapped state-owned enterprises (SOEs).  

In a column published in City Press on Sunday, Numsa general secretary Irvin Jim said senior management at Eskom and the government had identified privatisation as a way of covering up “for their ineptitude and corruption” at the entity, which has been at the centre of allegations of corruption and state capture.  Numsa, which has launched a new political party to contest this year’s general elections, said Jim’s article “perfectly summarises our position on Eskom”.  The recent ANC lekgotla recommended that Eskom be restructured and broken into generation, transmission and distribution units.  The ANC has long shown its lack of appetite to privatise cash-strapped state firms, but has in recent years hinted it might not have an option but to invite at least partial private investment in some, including Eskom.  Jim said any such plans would lead to retrenchments.  “History has shown us that privatisation is not beneficial because it always leads to massive job cuts and because profit is the motive, it translates to higher costs for the consumer,” he stated.

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