Today's Labour News

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LosiFin24 reports that labour federation Cosatu took the opportunity on 1 May to reiterate its position that no worker at state-owned power utility Eskom should be retrenched.

Cosatu, whose social compact for Eskom was signed at Nedlac last year, has previously called for guarantees that there would be no retrenchments at Eskom and threatened a mass strike if jobs were cut. Cosatu president Zingiswa Losi said on Saturday: "Cosatu’s Eskom Social Compact has been agreed to by government and business. At its heart is an agreement that no Eskom worker may be retrenched. Government must clean up the corruption and mismanagement that has brought Eskom to its knees. Those who have looted there must be arrested. Eskom must embrace a Just Transition that will see jobs being created, not destroyed. The economy needs reliable and affordable electricity if it is to recover." She added that Eskom's recovery plan was a central pillar of the country's economic recovery. Wage negotiations are set to commence at the power utility this week. The National Union of Mineworkers (NUM), the National Union of Metalworkers of SA (Numsa) and Solidarity are negotiating for increases for non-managerial employees, with talks scheduled to continue for a month. The NUM, which is the largest union at Eskom, wants a 15% increase with a housing allowance increase to R7,000, while Numsa is seeking a 15% increase. Solidarity wants a 9.5% increase and a work-from-home allowance.

  • Read the full original of the report in the above regard by Marelise van der Merwe at Fin24

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