eskom

Eskom halts retrenchment plans

admin No Comments

Eskom says it will seek ways of reducing staff costs other than cutting jobs. This after it halted a plan to offer workers voluntary retrenchment deals.

Eskom chairperson Jabu Mabuza announced last month that the power utility was weighing its options to reduce staff by 4.2% to 31 675 employees for the 2018/2019 financial year.

This week reports emerged yet again that the power utility plans to retrench 15 000 workers as part of it’s turn-around strategy.

Eskom spokesperson Khulu Phasiwe says if they decide to retrench, unions will have to be notified first and thereafter negotiation’s will have to take place.

Phasiwe says they want to finalise wage negotiations with unions this week.

He says the issue of retrenchments is not on the agenda.

“We would like to put in on record that Eskom Board together with management have not actually said anything about retrenchments.”

“Over the last few years we have seen a pattern where we are loosing on average about 4% of our staff. As and when people resign some of those positions are not going to be filled and that is different from retrenchment,” says Phasiwe.

This year Eskom applied to the energy regulator Nersa to raise electricity tariffs by 20%. Nersa granted the power utility 5.2% with effect from April 1st.

Phasiwe says they are currently busy with their business plan, which should be finalised by the end of September. “That business plan looks at improving Eskom efficiencies. The plan is going to influence the structure of how Eskom is going to look like going forward.”

The post Eskom halts retrenchment plans appeared first on SABC News – Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader..

Source: SABCNews

I’m a crossfire victim – Koko

admin No Comments

FORMER Eskom acting chief executive Matshela Koko claims to have been a “crossfire” victim in a war of attrition at the power utility in an affidavit he will submit today before Parliament’s inquiry into corporate governance at the state-owned enterprise. In his explosive submission, Koko outlines how corruption allegations against him have had a negative
Source: The New Age

Eskom Group Capital head Prish Govender resigns

admin No Comments

Eskom’s acting head of Group Capital Prish Govender has resigned with immediate effect. Govender’s resignation comes a day after Chief Financial Officer Anoj Singh handed in his resignation letter. Eskom spokesperson Khulu Phasiwe confirmed Govender’s resignation.   ALERT: Eskom’s acting head of Group Capital, Mr Prish Govender tendered his resignation today. He resigned with immediate
Source: The New Age

Numsa calls for scrapping of SOE Boards

admin No Comments

The National Union of Metalworkers of South Africa (Numsa) has called on government to scrap the Boards of all state-owned entities (SOE). This comes after the decision by the Eskom Board to re-instate the utility’s former acting CEO Matshela Koko and acting head of group capital, Prish Govender to their positions.

Numsa says the only way to guarantee good governance is for SOE’s to be supervised by representatives from labour, civil society, business and the state.

Numsa acting spokesperson Phakamile Hlubi says the Board of Eskom has failed repeatedly in its oversight role.

“We are repeating our call for the Boards of state owned enterprises to be scrapped. In particular this must happen at Eskom. As Numsa we will intensify our campaign against the culture of corruption at Eskom. We will also consult with our attorneys to see what legal options we have to counter the seemingly bogus disciplinary process.”

On Wednesday, Eskom said they are adamant that the disciplinary process that cleared two of its senior executives of any wrongdoing was transparent.

Allegations against Koko related to him awarding contracts to a company linked to his step daughter.

The DA said the disciplinary process was a sham.

Eskom added they are ready to defend itself if the DA takes legal action against the company’s decision to reinstate two senior executives.

The power utility’s spokesperson Khulu Phasiwe insisted that the disciplinary process was conducted professionally.

“If they do go to court, Eskom will be able to present its case there to show that the whole process was done in a very professional and transparent manner. This notion that Eskom did not do anything essentially to protect the integrity of the hearing is incorrect. We have noted that the DA is saying that they are gonna take the matter to court and we welcome everyone’s opinions about how this company should  be run because it is a public institution,” said Phasiwe.

The post Numsa calls for scrapping of SOE Boards appeared first on SABC News – Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader..

Source: SABCNews

Medupi Unit 4 comes online

admin No Comments

Eskom’s unit 4 at the Medupi Power Station in Limpopo has come online. Eskom spokesperson Khulu Phasiwe said the power utility is very happy with what was announced at the power station. “Eskom is pleased to announce that Unit 4 at its Medupi Power Station Project in Lephalale, Limpopo, has attained commercial operation status. The
Source: The New Age

Concerns over electricity debt

admin No Comments

COMMUNITIES around the Northern Cape have started to raise concerns over the huge debt owed by municipalities to the power utility Eskom. Reportedly municipalities have a collective debt of R400m to Eskom. Residents of Siyancuma local municipality participated in a peaceful march over the high Eskom bill that the municipality owes. The municipality’s outstanding debt
Source: The New Age

Eskom whistleblower takes centre stage

admin No Comments

THE first in-camera hearing of the parliamentary inquiry into Eskom is due to take place today when a unnamed witness will give evidence without being present in the Old Assembly where the investigation will resume. The witness, a whistleblower, will give evidence about corporate governance at Eskom specifically with regards to the relationship between the
Source: The New Age

Lynne Brown exposes real Eskom capture

admin No Comments

Source: The New Age

Brown rescues municipalities

admin No Comments

Municipalities in the Northern Cape breathed easier over the weekend after Public Enterprises Minister, Lynne Brown, has come to the rescue of indebted municipalities, instructing Eskom to afford them time until the end of this month to clear their outstanding arrears before switching off the lights. “Turning off the power supply does not only impact
Source: The New Age

Matshela Koko appointed acting Eskom CEO 

admin No Comments

Minister of Public Enterprises Lynne Brown has on Thursday appointed Matshela Koko as Eskom’s Acting Group CEO. Brown has approved the power utility board’s recommendation to appoint the current Group Executive Generation Koko to take over at the power utility in the interim. “I approved the Board’s request to appoint Mr Koko as acting Group Chief
Source: The New Age

Recent Comments

    Categories