Eskom is likely to move on its 0% wage offer to its employees, with indications on Wednesday suggesting the power utility was amenable to change. The Minister of Public Enterprises Pravin Gordhan told labour federation Cosatu that he would ensure that Eskom negotiators do not go back to the table with the 0% offer. The power utility is in a dispute with labour unions representing thousands of its workers after it said it would not increase wages this year in light of its financial difficulties. Labour unions have demanded increases of between 9% and 15%. In a statement issued on Wednesday following a meeting with Gordhan, Cosatu leaders said they read the minister the riot act as power utility workers were being forced to pay for the "sins of others". The reference is to years of corrupt activities at the state-owned enterprise (SOE) which contributed to its financial demise. "The minister has promised to ensure that the Eskom negotiators treat these negotiations seriously and that ...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.