Eskom says it will look for ways to reduce staff costs other than cutting jobs after it halted a plan to offer workers voluntary retrenchment deals. Eskom, which employs 41,993 people, rejected applications by 2,493 employees for redundancy deals in February as the power utility decided against losing the workers’ skills, Khulu Phasiwe, a spokesperson […] The post Eskom … [Read more...] about Eskom battles with staff costs after ditching job-cuts plan
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Eskom- Absolute Power, Corrupts Absolutely.
If Nersa had granted Eskom the recent tariff hike, South Africans would have been paying for an infrastructure and system that is effectively broken. A tariff hike or three will not make a difference at all. What needs to happen is a restructure of Eskom management for the country to see any progress. When one […] The post Eskom- Absolute Power, Corrupts Absolutely. … [Read more...] about Eskom- Absolute Power, Corrupts Absolutely.
D-Day for Eskom tariff hike decision
Electricity consumers will know on Monday whether Eskom has succeeded in its application for a tariff hike of 9.58%, to bring the total tariff increase for the 2015/16 year to 22.27%. The National Energy Regulator (Nersa) announced in early May that it had received Eskom’s application for the re-opening of tariff negotiations for 2015/16. Eskom […] The post D-Day for … [Read more...] about D-Day for Eskom tariff hike decision
Time not right to sell Eskom assets – Molefe
Eskom must not privatise its assets, acting CEO Brian Molefe told a panel of energy regulators on Tuesday. “I do not think it will be appropriate to sell shares in Eskom at this stage,” he said. Molefe is asking the National Energy Regulator (Nersa) for a 9.58% electricity tariff increase to fund a R50bn shortfall […] The post Time not right to sell Eskom assets – … [Read more...] about Time not right to sell Eskom assets – Molefe
Eskom on course with ‘no load shedding’?
It’s almost a week since Eskom last implemented load shedding, in keeping with the supplier’s aim for load shedding-free June. On Wednesday Eskom said no load shedding was anticipated for in the evening as it had adequate generating capacity to meet the demand in electricity. It added that “the power system is expected to be […] The post Eskom on course with ‘no … [Read more...] about Eskom on course with ‘no load shedding’?