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.

eskomBL Premium reports that the government will forge ahead with splitting up Eskom, leading with the establishment of a separate legal transmission company by 2021, public enterprises minister Pravin Gordhan indicated on Tuesday.  

He was presenting the road map for Eskom’s future — the long-term plan and the business strategy that will accompany the large bailout for the company that is expected to be announced in Wednesday’s medium-term budget policy statement (MTBPS).  The separation of the transmission entity from Eskom’s generation division is key to the introduction of a competitive energy market.  The “functional” separation of transmission is already under way and by 2021 it is intended to become a legal subsidiary of Eskom.  The entity will have its own board to drive the separation process.  Into it will fall the transmission infrastructure and the systems operator, which manages supply and demand and balances the system.  Trade unions have voiced their opposition to the unbundling process, arguing that it will create additional layers of management and board supervision and be expensive while failing to solve Eskom’s operational problems.  The National Union of Mineworkers (NUM) said on Monday that it planned to march on the ANC’s headquarters to put a stop to the Eskom restructuring.  Gordhan said that the government had “been in touch with unions on and off”.  All labour unions were important stakeholders and the government wanted to work with them, he stated.

  • Read the full original of the report in the above regard at BusinessLive (paywall access only)
  • Read too, Eskom stations to be clustered into ‘competing’ units, as timeframe is set for transmission separation, at Mining Weekly

Get other news reports at the SA Labour News home page