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'Eskom cannot afford salary increases'

12 June 2018 8:10 AM
Tags:
Eskom
salary increases
#StateCapture
Corruption in Eskom

Deputy editor at the Financial Mail Sikhonathi Mantshantsha gives insight on the state of SOE.

Depsite the threat of strike action by workers, Eskom cannot afford to increase salaries.

Deputy editor at the Financial Mail Sikhonathi Mantshantsha told Bongani Bingwa that the parastal has been in a debt spiral for years.

Eskom cannot afford. It borrows money to pay salaries, it borrows money to pay debt.

Sikhonathi Mantshantsha, Deputy editor: Financial Mail

READ: 'Eskom is making workers pay for management's mismanagement and corruption'

It just cannot afford the number of people it has employed at the moment.

Sikhonathi Mantshantsha, Deputy editor: Financial Mail

Trade unions have threatened strike action as a last resort if their demands for a salary increment of 15% are not met.

Trade unions exist to serve their employees and they are doing exactly what they should be doing.

Sikhonathi Mantshantsha, Deputy editor: Financial Mail

Listen to what Mantshantsha thinks about the upcoming job losses...


12 June 2018 8:10 AM
Tags:
Eskom
salary increases
#StateCapture
Corruption in Eskom

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