Updated
Updated · Bloomberg · Apr 17
Eskom Secures Wage Deal With Two Unions, Standoff Persists With Third
Updated
Updated · Bloomberg · Apr 17

Eskom Secures Wage Deal With Two Unions, Standoff Persists With Third

4 articles · Updated · Bloomberg · Apr 17
  • Two major South African unions have agreed to Eskom's offer of a 7% annual wage increase over three years.
  • Solidarity and the National Union of Mineworkers will sign the deal, but the National Union of Metalworkers of South Africa demands an 8% raise.
  • The standoff could lead to arbitration or demonstrations, as Eskom aims for financial stability following improved power station performance.
Is this wage deal just a band-aid on Eskom's deep financial crisis?
Eskom secured a wage deal, but can it survive the R110 billion municipal debt bomb?
Is Numsa's wage rejection a fight for workers or a leadership's political gamble?
If the wage deal is binding, are Numsa's strike threats just empty noise?
With Eskom celebrating profits, why do consumers face higher tariffs and more blackouts?
Eskom claims outages are over but warns of more. What is the truth about our power?