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ANA reports that the Democratic Alliance (DA) said on Monday it was concerned by the demand by Eskom managers for a salary hike and the reported warning of a strike and loadshedding.
The party called on all the parties involved to resolve their salary disputes in a responsible manner by not plunging the economy and the utility into even further distress. Over the weekend, reports emerged that a group of senior managers at Eskom was taking the power utility to the CCMA after not receiving salary increases and incentive bonuses last year. There are between 180 and 200 managers at the company and they earn between R1.5m and R3m a year. They are demanding a 4.7% salary increase. The power utility is facing a possibility of industrial action if it does not agree to the pay hike, and that could result in scheduled blackouts to relieve the pressure on the network. Eskom last week reported a loss of R20.7 billion for the year ending March. Natasha Mazzone, DA spokesperson on public enterprises, said this salary hike could cost Eskom up to R300 million should it be granted. "Senior management should be an example when it comes to austerity measures by reviewing salaries instead of holding the country and the economy to ransom because they have not been given a salary increase," Mazzone stated.
- Read the full original of the above report at Business Report
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