The stalemate that collapsed wage negotiations at Eskom has ended, with Public Enterprises Minister Pravin Gordhan announcing the company has taken the contentious 0% wage increase offer off the table. Wage negotiations between Eskom and labour unions; Solidarity, the National Union of Mineworkers and the National Metalworkers Union of SA will also resume following Gordhan’s meeting with the parties and the Eskom board on Friday.  The Public Enterprises Department said in a statement that that it was agreed that “current disruptions at Eskom that resulted in load-shedding since Thursday are not beneficial to either party nor to the country and the economy”. The developments are a small victory for unions in a long battle with Eskom. Num and Numsa members have demanded 15% wage increases and picketed outside the company’s offices this week demanding that the company resumes negotiations and reviews its 0% wage hike offers. Solidarity members have demanded 9% wage increases. The compa...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00.