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 the two biggest unions representing workers at Eskom are seeking 15% wage increases, adding to the woes confronting the loss-making state-owned power utility.

The National Union of Metalworkers of SA (Numsa) and the National Union of Mineworkers (NUM) tabled their demands at a preparatory meeting on Friday and pay talks will resume on 4 May, Eskom spokesman Sikonathi Mantshantsha advised. A third union, Solidarity, wants 9.5% increases for its members. Eskom is struggling to meet electricity demand due to breakdowns at its old and poorly maintained plants and isn’t generating enough cash to fund its operations and service its R464 billion of debt. The utility bowed to pressure from labour in the 2018 wage negotiations, after strikes crippled the grid, by agreeing to a one-time cash payment and annual increases of at least 7%. The latest pay demands were reasonable and affordable, with many of Eskom’s problems “manufactured” by a management that was failing to do its job, William Mabapa, the NUM’s acting general secretary, commented.

  • Read the full original of the report in the above regard by Mike Cohen at Moneyweb

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