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.

eskomBloomberg reports that 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.  

This is according to the Highveld regional branch of the National Union of Mineworkers (NUM).  Bizzah Malekutu waga Motubatse, the region’s deputy chairman, said in an e-mail statement:  “The truth of the matter is that this unbundling is nothing but privatization.  This decision will lead to massive retrenchments at Eskom.”  The region’s special council “resolved on marching to Luthuli House (the headquarters of the ruling African National Congress) and embarking on a full-blown strike on the week of the national and provincial elections.”  SA 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 was an option to rescue the debt-laden utility, citing a resolution adopted by the party’s executive that met the preceding weekend.

  • Read Paul Burkhardt’s report on this story in full at Fin24
  • Read too, SA’s mining companies want restructuring of Eskom, at Moneyweb
  • And also, Rumours of Eskom privatisation announcement at Sona, at Business Report

Get other news reports at the SA Labour News home page