Source: Loan Digest (loandigest.net)
It may address the monopoly problem
is this federation still existing...
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Eskom CEO says unbundling the utility will make it sustainableEskom is just too big so in order to make it sustainable, one needs to think about unbundling it — separating out sections like generation and distribution, according to Eskom CEO Phakamani Hadebe.
Source: mailandguardian - 🏆 2. / 92 Read more »
Cosatu against proposal to split Eskom into 3 entitiesThe trade union federation has warned doing so would not solve the struggling utility’s governance and debt problems. So they are going for NO jobs at all So what is Cosatu's solution for rescuing Eskom?
Source: ewnupdates - 🏆 30. / 53 Read more »
Cosatu prepares for #NationalStrike | IOL NewsCosatu is gearing up for a national strike in two weeks’ time to protest against the retrenchments, unemployment, corruption ... 🤣🤣🤣🤣 I hope they are not striking against the same policies created by them and MYANC One of the irritating org wth no direction...
Source: IOL - 🏆 46. / 51 Read more »
#Eskom tariff increases will impose unbearable burden on poor, says DA | IOL NewsThe 15% tariff increase over three years requested by Eskom will raise the cost of living for the poor to unbearable levels if granted, the DA said. They don’t pay anyway so the burden will go to the middle class!!
Source: IOL - 🏆 46. / 51 Read more »
Debt-ridden Eskom secures R15 billion loan | IOL NewsCash-strapped power utility Eskom said it had secured a R15 billion loan facility with a consortium of local and international lenders.
Source: IOL - 🏆 46. / 51 Read more »
Markets look to Ramaphosa’s speech for clarity on Eskom | IOL Business ReportThe markets’ attention will zoom in on President Cyril Ramaphosa this week to shed light on potential measures to keep Eskom afloat.
Source: IOL - 🏆 46. / 51 Read more »
15% Eskom tariff hike could wipe out 150 000 mining jobs | IOL Business ReportMinerals Council SA warns that the industry could lose 150 000 jobs if the Nersa granted Eskom the 15 percent annual tariff hike for three years. busrep Wow Eskom must retrieve money went to looting vs corruption and leave alone...
Source: IOL - 🏆 46. / 51 Read more »
Mashaba to meet business leaders on proposed 15% Eskom tariff hike | IOL NewsJohannesburg Mayor Herman Mashaba will meet the business community to discuss the likely impact of a proposed 15% annual tariff increase by Eskom.
Source: IOL - 🏆 46. / 51 Read more »
Cosatu to stage nationwide strike due to retrenchments - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Cosatu says it will stage a nationwide strike on February the 13th over large-scale retrenchments at ailing state-owned firms and private companies. CosatuGS..... Why is Cosatu tackling unemployment by encouraging more unemployment, by embarking on reckless strikes? Cosatu is no longer relevant
Source: SABC News Online - 🏆 32. / 51 Read more »
[LISTEN] Cosatu says alleged mass layoffs behind looming strikeDespite assurances given by President Cyril Ramaphosa on job security, union's spokesperson Sizwe Pamla says they don't believe there won't be layoffs at Eskom. Delusional fools
Source: ewnupdates - 🏆 30. / 53 Read more »