First Take SA

SAFTU has expressed alarm over a new settlement between the National Energy Regulator and Eskom.


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The South African Federation of Trade Unions, SAFTU has expressed alarm over a new settlement between the National Energy Regulator and Eskom. The agreement grants Eskom an extra R54 billion in revenue over the Sixth Multi-Year Price Determination period. SAFTU says, while the deal corrects technical errors, it places a heavy burden on workers and poor households already struggling with austerity, joblessness and soaring living costs. Joining us now is SAFTU General Secretary, Zwelinzima Vavi, to unpack the implications of this decision...

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