Public Enterprises Minister Pravin Gordhan yesterday unveiled the government’s latest blueprint to kickstart Eskom, which proposes major shifts in the ailing entity’s business model. Politicians, as well as political analysts and financial experts are disappointed in the plan, whose content can be vague and probably poorly implemented, as announced by the minister. Not only did..
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Eskom which is battling with R441 billion debt, won’t be privatized – ANC-regime’s plan to save the power supplier from ruin disappointing
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Unions reject Ramaphosa’s Eskom division plan since it is nothing but privatization via the back door and would lead to mass unemployment across large areas
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President Cyril Ramaphosa’s plan to divide Eskom into three separate entities is rejected by the unions. The two major unions are the National Union of Metalworkers in SA (Numsa) and the National Union of Mineworkers (NUM). In his State of the Nation address, Ramaphosa said in Parliament that the Eskom entity will be divided into..
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