This 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.
eNCA reports that cash-strapped power utility Eskom says it has no retrenchment plans. The state-owned company has been locked in wage negotiations with trade unions for over a month.
It initially claimed it couldn’t afford any wage increases, but has since made a U-turn, putting two offers on the table. But with the company having to find the money for the increases itself, workers are concerned about losing their jobs. According to Eskom’s 2017 annual report, there was a plan as part of cost-cutting measures to reduce employees from 47,000 to 36,000 by 2022. However, the parastatal said this was not the case anymore. Spokesperson Khulu Phasiwe indicated: “That is the strategy of the old board, the new management feels we can work with numbers we have. The question around retrenchments does not come in at this stage. We are pursuing companies and individuals that owe us. We have received over R900-million from McKinsey we are pursuing Trillian and municipalities that owe us R14-billion." A World Bank policy research paper estimated in 2014 that Eskom only needed a workforce of just over 14,000.
- Read this report in full at eNCA
- See too, We won’t resort to retrenchments, says Eskom, at EWN
- And also, No bonuses for Eskom employees in 2018, at eNCA
Get other news reports at the SA Labour News home page