Tax payers to carry the burden of Eskom’s failure once more

The National Energy Regulator of South Africa’s (Nersa) approval of electricity hikes of 9.41%, 8.1% and 5.2% for the next three financial years,

may be far below Eskom’s application for double-digit tariff increases, but it is still devastating news for workers and the economy.

As a trade union UASA is most concerned about possible job losses, particularly in the energy-intensive mining industry. The Minerals Council of SA has already issued a warning that the mining sector could lose 150 000 jobs if Eskom’s application was granted.

UASA is opposed to the constant bailing out of Eskom and other state-owned entities (SEOs) with the hard-earned tax money of South Africans who work day after day to make ends meet. The tax payer should not have to pay for poor management and corrupt deals.

For a government that has been in place for so long to keep repeating that they are reviewing possible ways to assist our struggling SOEs is a slap in the face of thinking South Africans who expected to see the necessary plans in place long before businesses like Eskom were run into the ground.

We need a workable solution to the Eskom crisis without placing an additional burden on the workers of this country as a matter of urgency.

For further enquiries or to set up a personal interview, contact Stanford Mazhindu at 074 978 3415.