Nhlanhla Nene asks trade unions for ideas on how to fund wage increase demands

The trade union representing Eskom employees have requested a meeting with Finance Minister Nhlanhla Nene after wage negotiations with the parastatal deadlocked.

Unions are demanding a 12% increase while Eskom is offering 7.5%.

Deputy editor at Financial Mail Sikonathi Mantshantsha says Nhlanhla Nene has asked the trade unions to tell him how they think their wage demands should be funded.

Read: Last day for wage talks between Eskom and unions

Nhlanhla Nene said that the meeting will only happen if you bring one idea where the money to increase your salaries should come from.

Sikonathi Mantshantsha, Deputy Editor at Financial Mail

You obviously don't expect the trade unions to be that enthusiastic about that meeting...

Sikonathi Mantshantsha, Deputy Editor at Financial Mail

To hear the rest of the conversation with Sikonathi Mantshantsha, listen below:


This article first appeared on CapeTalk : Nhlanhla Nene asks trade unions for ideas on how to fund wage increase demands


Recommended

by NEWSROOM AI
Read More
 Unions demand meeting with Nene and Gordhan as negotiations reach deadlock

Unions demand meeting with Nene and Gordhan as negotiations reach deadlock

The three unions involved in wage negotiations at Eskom demand a meeting with Finance and Public Enterprise ministers.

Bonang Mohale: We will not rest til former presidents and co in orange overalls

Bonang Mohale: We will not rest til former presidents and co in orange overalls

Business Leadership SA CEO, Bonang Mohale, reacts to the apology issued by consulting firm McKinsey.

McKinsey’s sorry apology not accepted! – Corruption Watch

McKinsey’s sorry apology not accepted! – Corruption Watch

What induced Eskom to enter into this contract? That’s where the big smell is, says Corruption Watch’s David Lewis.

Last day for wage talks between Eskom and unions

Last day for wage talks between Eskom and unions

The three unions involved in the negotiations meet today to either accept or reject the Eskom’s 7% wage hike offer.

‘Sorry, Taxpayer, for stealing from you! And sorry for not saying sorry sooner!'

‘Sorry, Taxpayer, for stealing from you! And sorry for not saying sorry sooner!'

The Money Show’s Bruce Whitfield interviews Kevin Sneader of disgraced multinational consultancy McKinsey.

Sorry, but not sorry enough - McKinsey still owes millions to SA taxpayers

Sorry, but not sorry enough - McKinsey still owes millions to SA taxpayers

Global consultancy firm McKinsey has apologised for its handling of business with Eskom.

[LISTEN] Eskom relieved Mckinsey will payback R902 million

[LISTEN] Eskom relieved Mckinsey will payback R902 million

Eskom spokesperson Khulu Phasiwe says it has come a long way in recovering these funds from McKinsey.

Eusebius: I think companies like McKinsey should be barred from the state

Eusebius: I think companies like McKinsey should be barred from the state

Eusebius Mckasier and callers discuss the apology from McKinsey and how it can make amends.

 7% wage offer by Eskom

7% wage offer by Eskom

Eskom has tabled a new wage increase offer of 7% for this year.

Popular articles
'Sars eFiling is stable, at the moment'

'Sars eFiling is stable, at the moment'

Testimonies at the Sars Inquiry has many South African taxpayers panicked. Bruce Whitfield interviews Sars' Mark Kingon.

Questions raised over line of questioning at Omotoso trial

Questions raised over line of questioning at Omotoso trial

James Grant says he thinks that it may be time to re-look how the law works in terms of dealing with rape victims.

[WATCH] A golden buzzer for South African trio on talent show

[WATCH] A golden buzzer for South African trio on talent show

Khabazela shares some of the most popular tweets, posts, and videos on 'What's gone viral'.

'The EFF seems to be trying to find scapegoats'

'The EFF seems to be trying to find scapegoats'

Deputy Editor at Financial Mail, Sikhonathi Mantshantsha, seems to be finding excuses as to why its leaders are in trouble.

Support for #CherlyZondi as she wraps up her testimony against Tim Omotoso

Support for #CherlyZondi as she wraps up her testimony against Tim Omotoso

Wits Institute For Social Economic Research research associate Lisa Vetten looks at how witnesses cope on the witness stand.

Sanral considers new measures to 'aggressively' tackle Gauteng e-toll defaulters

Sanral considers new measures to 'aggressively' tackle Gauteng e-toll defaulters

Discussions between Sanral, and the Ministers of Finance and Transport have apparently reached an advanced stage.