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TMG Digital reports that Democratic Alliance (DA) leader Mmusi Maimane says Eskom’s executives shouldn’t be paid bonuses for keeping the lights on – it’s their job do so‚ for which they’re already getting big salaries.
Paying a visit to his hometown of Dobsonville, Maimane noted that for the past seven years Eskom had been raising electricity prices by 22% every year, but “much of that money is going towards the runaway costs of our two big new power stations‚ Medupi and Kusile. Both these stations should have been finished years ago‚ but we are now told we might have to wait up to six more years to see them both completed. Also, what started off as R70bn and R80bn power stations have more than doubled in cost. But that was not all South Africans were paying for. “You and I are also paying the bonuses of Eskom executives. On top of a R23bn bailout to keep Eskom afloat in 2015‚ we the public also had to pay these executives over R18m in bonuses this year,” complained Maimane.
- Read this report in full at TimesLive
- See too, Eskom executive bonuses: Consumer in the cold, at Business Report
Get other news reports at the SA Labour News home page