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BUSINESS REFLECTION: After the Bell: The NUM’s outrageous salary demands for Eskom workers threaten SA society

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It was reported last week that the National Union of Mineworkers (NUM) is demanding a 15% pay rise for Eskom employees. But actually, that’s not the half of it.

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PERSONAL FINANCE: How to protect your investment portfolio from Eskom’s power crisisWith parts of the Western Cape already experiencing temperatures as low as 9°C, the new Electricity Minister, Kgosientsho Ramokgopa, has warned the country to brace for possible Stage 10 blackouts this winter as energy use ramps up. A whole new ministry designed to state the obvious! Haven't heard a solution yet, and definitely no plans to build new generation or transmission capacity on the cards either What was the purpose of an entire Energy Minister if he already is warning us about the anticipated Stage 10 in the coming winter months? Eskom on its own was already capable of delivering that disappointment. Mxm. His ministry is just redundant. Wasted money indeed! The Western Cape? Are you a national news publication or not?
Source: dailymaverick - 🏆 3. / 84 Read more »