South Africa could be heading for yet another dark period, with an Eskom strike drawing near, according to The South African.
Having just recently posted a record-breaking R20-billion loss in the last financial year, the struggle power utility is now facing labour disputes.
Between 180 and 200 senior managers are dragging the utility before the Commission for Conciliation, Mediation and Arbitration (CCMA) after not receiving salary increases and incentive bonus in the past year. The managers earn between R1.5 million and R3 million per annum.
Eskom recently granted middle managers a 4,7% increase, but they are dissatisfied and are looking for 7,5%.
Yet a recent report on eNCA states that 365 senior employees have had lifestyle audits conducted on them.
Eskom’s vast wage bill, its poor financial management and its uncontrollable debt mean that load-shedding is likely imminent. The utility is struggling to generate sufficient supply – something that will anger South Africans as rumours of a deal brokered with neighbouring Zimbabwe to supply 400MW of power per week.