Cosatu suggests an Eskom solution

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The union federation offers unprecedented concessions on job protections

Delayed reaction: Kusile and Medupi power stations have run over timeframes and budget and are still not contributing to the national energy grid. Cosatu has suggested that state employee pension funds be used to fix Eskom.

So it will come as something of a surprise to learn that trade union federation and ruling alliance member, Cosatu has tabled an ambitious and bold rescue plan to keep the country creditworthy and out of the hands of the International Monetary Fund .

 

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