Eskom, trade unions hold third round of wage negotiations

South Africa News News

Eskom, trade unions hold third round of wage negotiations
South Africa Latest News,South Africa Headlines
  • 📰 ewnupdates
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 53%

Disgruntled workers demand above-inflation increases of between 10% and 15%, while Eskom offered an increase of 3.75%.

JOHANNESBURG - Trade unions representing workers at Eskom hope the power utility will break the stalemate as round three of wage negotiations kicked off on Tuesday.

The first two rounds ended in frustration when the unions - Solidarity, the National Union of Mineworkers and the National Union of Metalworkers of South Africa - failed to convince Eskom to increase its offer of 3.75%.The trade unions expected wage talks at the Centralised Bargaining Forum to be tough, as Eskom stuck to its guns about a tough financial situation."In the last round of wage talks, the Eskom exco presented financials for 2023/24.

National Treasury granted Eskom a major debt relief package worth over R250 billion over three years. Hlubi-Majola said this was expected to ease pressure on the embattled state-owned company, with higher tariffs also set to improve its revenue collection.If negotiations collapse now, unions will enter into dispute resolution, followed by conciliation and arbitration processes.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

ewnupdates /  🏆 30. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Welcome to Eskom MegaGravy Train Park - TechCentralWelcome to Eskom MegaGravy Train Park - TechCentralEskom’s head office, Megawatt Park, has been renamed “Eskom MegaGravy Train Park” on Google Maps.
Read more »

Death toll from cholera outbreak rises to 15, confirms MahloboDeath toll from cholera outbreak rises to 15, confirms MahloboOver 50 people are being treated for the bacterial disease.
Read more »

Cholera outbreak: Tshwane mayor forced to flee Hammanskraal, death toll rises to 15 | News24Cholera outbreak: Tshwane mayor forced to flee Hammanskraal, death toll rises to 15 | News24Tempers flared outside the Jubilee District Hospital in Hammanskraal on Monday as angry residents chased Tshwane Mayor Cilliers Brink away. | YoliswaSobuwa
Read more »

Cholera related deaths in Hammanskraal rise to 15 - SABC NewsCholera related deaths in Hammanskraal rise to 15 - SABC NewsDeputy Water and Sanitation Minister David Mahlobo says the death toll from the Hammanskraal CholeraOutbreak has now risen to 15.
Read more »

Mahlobo 'blames' City of Tshwane as cholera outbreak death toll rises to 15 | The CitizenMahlobo 'blames' City of Tshwane as cholera outbreak death toll rises to 15 | The CitizenThe death toll from the cholera outbreak in Gauteng now stands at 15, Water and Sanitation Deputy Minister David Mahlobo has confirmed. 🤢 CholeraOutbreak Tshwane TheCitzenNews Catch up here ⤵️
Read more »



Render Time: 2025-02-25 23:21:23