Today's Labour News

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cosatuANA reports that labour federation Cosatu was due on Monday to present its outright rejection of Eskom’s "ridiculous" 30% tariff hike application to the National Energy Regulator of SA (Nersa) at hearings in Cape Town.  

Cosatu parliamentary co-ordinator Matthew Parks said Nersa needed to show bold leadership and reject Eskom’s “latest assault upon working and middle class families and the economy.”  He added:  "A simple inflation-based increase is all Eskom deserves.  Workers are grilled by government and industry for seeking above inflation salary increases and in fact rarely receive such.  There is no moral justification to grant Eskom a 30 percent hike.  Eskom’s leadership and government need to be held accountable for what has happened to the last 10 year’s continuously above inflation tariff hikes."  Parks also said that Eskom had shown no leadership, nor credibility and that a comprehensive forensic and criminal investigation was needed.  Arrests, prosecution, and forfeiture of stolen monies had to happen.


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