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DA demands full transparency from Eskom

DA demands full transparency from Eskom

Photo by Bloomberg

6th January 2020

By: Thabi Shomolekae

Creamer Media Senior Writer

     

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Democratic Alliance (DA) Shadow Minister of Public Enterprises Ghaleb Cachalia has demanded full transparency from State power utility Eskom after it announced on Sunday plans to implement load-shedding.

Cachalia pointed out that the announcement came despite President Cyril Ramaphosa’s assurance in December last year that there would be no load-shedding until mid-January.

He added that Eskom was also hoping to garner R69-billion from consumers through a price hike – an application which the National Energy Regulator of South Africa will take in court next week, against Eskom.

Cachalia also pointed out that Eskom wanted to pay out R1.8-billion in performance bonuses between 2019 and 2022, regardless of a debt that has ballooned to R450-billion.

He went on to state that analysts believe that Eskom is 66% overstaffed and despite the financial burden of this it has been reported that Eskom’s estimated 6 500 middle managers are reportedly unhappy with the 7.5% increase given to lower-tier workers, and want to be put into the same bargaining unit as those workers.

“We demand full transparency, full forensic audits, the institution of rotating tier 1 audit firms and a halt to this profligacy at the expense of consumers,” Cachalia said.

Edited by Sashnee Moodley
Polity and Multimedia Managing Editor

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