Electricity tariff hike will suffocate business, deepen unemployment - Cosatu

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Cosatu has accused energy regulator, Nersa, of pickpocketing workers through its decision to grant Eskom an 18.65% tariff increase effective from 1 April.

Cosatu said that the increase, which was announced on Thursday, would also suffocate businesses and deny the country’s economy the chance to reduce unemployment.

Nersa claimed that its decision to grant Eskom an 18.65% tariff increase provided a balance for the sustainability of Eskom and the well-being of its consumers, as well as the country’s economy.Spokesperson Sizwe Pamla said that they were concerned about their members’ ability to afford the tariff hike.

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 /  🏆 30. in NG
 

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Our unions are just as useless and corrupt like our government and politicians they are teeth less

Cosatu? Rubbish...!!! They are failing workers, public servants are not getting salary increases and they are doing fokol....if they can't sort out worker's salaries batla e dirang eskom?

COSATU has become toothless dog since Zingiswa Losi took over.

Cosatu is a useless entity masquerading as a relavent workers federation.. Cosatu is what Good is to Anc a tool to get scrambs from the Anc table and toeing the line whilst getting 100 Rands from employees through their affiliated unions

COSATU must just sit the FaQ down they are part of the problem

Yet these are the same people who supported the ANC 🤣🤣🤣🤌🏾🤌🏾🤌🏾

And what will cosatu do they are in the same bed?

Le bolelang majela thoko ke lona, a go se le etsang se se bonagalang ,le belletse di potla tsa lona fela,a le thusi ba bereki ka se lo, but hey le bona ba rata.

But _cosatu have been supporting the ANC policies that have led to Loadshedding. And when any action is taken against the corrupted employees and politicians they protect the employees and political elites. birdsofafeather

Cosatu is useless!

And yet they side with them for their financial gains. Hypocrisy

Le morata Kaofela, le tsamaya le yena in the darkness. Tsek...

Cosatu and Sacp are both toothless dogs. 🙄😣

Why is this old news news ? Because Cosatu said so?

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Nersa approves 18.65% electricity tariff hike for Eskom | BusinessJUST IN | The National Energy Regulator of South Africa has agreed to an 18.65% increase in electricity tariffs, effective from 1 April this year. | News24_Business _Business South Africa is just a joke🤣🤣 _Business We are in hell... We'll see you at the polls MYANC _Business Absolutely INSANE 🤬
Source: News24 - 🏆 4. / 80 Read more »