WATCH: Should the GEPF be used to cut Eskom’s debt?

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Cosatu parliamentary officer Matthew Parks talks to Business Day TV about the proposal to bail out Eskom

Cosatu has proposed a R250bn bailout plan for Eskom, with the funds set to come from the Government Employees Pension Fund . Business Day TV spoke to Cosatu parliamentary officer Matthew Parks about the risks and conditions of the proposal.

 

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No...!!!

We can't withdraw our money when we indebted but they willing to bail out Eskom, Steinhof, Adcorn, Pepco, Wollworths and others bayasinyela

Compelling argument by COSATU albeit Controversial. We all just need to wait for COSATU table its investment case.

No! Eskom should look to the private sector for partnerships and decentralization would be a good start. Eskom is a reckless investment and millions will hit retirement with nothing to show for their savings if this were to happen.

Fuck no!!

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