NUM demands probe into Eskom over failure to make profit | IOL News

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The National Union of Mineworkers has called for an independent audit on power utility Eskom to probe why it repeatedly fails to post profits.

Johannesburg - The National Union of Mineworkers has called for an independent audit on power utility Eskom to probe why it repeatedly fails to post profits.

The union's president Joseph Montisetse says the relationship between Eskom and big mining companies should be probed, claiming that the sale of energy to big mining companies is conducted illicitly. “The problem with Eskom is corruption, which is prevalent there. We think that there must be an audit by independent auditors that can discover why Eskom cannot make a profit because we believe that the selling of energy to the bigger companies, especially in the mining industry, is not done in a fair way."

“Some companies are getting energy at low, low, rate and with the buying of coal from companies there seems to be no standard that is used by Eskom to buy coal,” said Montisetse. He said that when it came to procurement at Eskom, there are many companies taking a huge chunk of money from the power utility through fraudulent procurement.

 

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Don’t waste time , I’ll tell you. All money is being stolen.

I can tell you where the profits are going to, firstly...to you Numsa_Media who collects membership fees of a power utility with 66% excess staff! The staff that are there unnecessarily costs billions. Find more sustainable, green ways of supplying power. Work smarter.

Simply inefficient systems and too many workers . I know it’s difficult to cuts jobs but that’s what we HAVE to do to survive

Numsa_Media U know why we DONT PAY for services the holy municipalities eg SOWETO our. Townships don’t pay 4 electricity and services our COAL TRUCKERS forums named in destroying the RAIL system and the COAL conveyer system ur hopelessly over staffed and u ask what for an audit

No need to spend money on audits. Answer is corruption and a one man band playing cook and bottle washer. That’s all.

Zimbabwe and Zambia collect the loot, duh

Numsa_Media = 🤡 factory. Eskom has been the subject of mass state capture, corruption & the appointment of incompetent cadres to manage the utility = DOOMED to fail!!

Corruption,that's all.

Are these guys for real...what profits?

Pretty easy to answer. Too many staff members and free electricity with what seems to be very little, if any, attempt to recover the bad debts.

Please tell me this is an aprilfools question by Numsa_Media

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