Power utility Eskom increased its wage offer for the second time on Friday to 7% for 2018. Business Day reported that Eskom was under pressure to appease the National Union of Mineworkers (NUM), Solidarity, and the National Union of Metalworkers of SA (Numsa), following a strike threat by the NUM if it failed to meet its 9% wage demand. Earlier on Friday the utility offered workers 6.7%, which NUM and Numsa rejected. On Thursday, NUM threatened to embark on an unlawful strike should Eskom not table at least 9% during Friday’s talks, Business Day reported. EE Publishers MD Chris Yelland spoke to Business Day TV about to provide further insight into the issue.

OR LISTEN TO THE AUDIO:

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 helpdesk@businesslive.co.za or call 0860 52 52 00.