The technical task team appointed in early March will give public enterprises minister Pravin Gordhan and the utility’s board its report by Thursday
Eskom is often criticised for having a bloated workforce, but the ministerial technical task team has found the embattled utility is, in fact, lacking critical skills.
“Eskom has the strange contradiction where on the one hand we’ll say we’ve got 48,000 people and, by virtue of a World Bank study in comparing Eskom to a similar utility, it’s overstaffed.” Gordhan said. “This team has found that whilst there is this overpopulation in some parts of Eskom, on the other hand, where the real business of Eskom is, which is on the generation side and power stations, there are in fact vacancies for key professionals that need to be filled urgently.
Once the new cabinet is appointed, the government is expected to get straight to work on fixing Eskom, which includes the implementation of its restructuring, as mooted by President Cyril Ramaphosa.The ANC-led government has repeatedly promised that Eskom staff will not be retrenched, but the unions are unconvinced of this and many experts have said job cuts are necessary for the utility to get its finances under control.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cabinet to be restructured to benefit economy – RamaphosaThe president also addressed South Africa's beleaguered state-owned companies, specifically Eskom.
Read more »
Eskom raises R5.2bn through loan drawdownsEskom said it had raised R5.2-billion through drawdowns against a portion of committed loans.
Read more »
'Eskom of the future is already dead in the morgue' - energy expertsEnergy expert Ted Blom, who serves on the Presidential Task Team on Eskom, says the Eskom of the future is already 'dead in the morgue'.
Read more »
Zimbabwe power crisis set to continue until Zesa clears debtsZimbabwe reportedly owed around $80 million to Eskom and Mozambique’s HCB power company.
Read more »
Plan to save Eskom to cost more than a trillion by 2030The money will go towards 'new power plants plus the requisite transmission and distribution infrastructure'.
Read more »
We need to get our 'house in order' to fix our 'brokenness' – Eskom exec in leaked memoIn a leaked memo Eskom Chief Operating Officer Jan Oberholzer appeals to staff to be accountable for the work they do at the power utility to help fix its 'brokenness'.
Read more »
Ramaphosa says turnaround at Eskom will bear fruit soon | IOL Business ReportPresident Cyril Ramaphosa today told local and international investors that South Africa’s economy would be in ‘top gear’.
Read more »
DA calls for debate on the financial crisis at EskomThe party says it will call for the debate following media reports that contractors working at Kusile Power Station have submitted claims totalling R36 billion to Eskom.
Read more »
Bigger bailout for Eskom is on the tableClimate change funding could lower cost of debt
Read more »
Green fund could save EskomGreen fund could save Eskom| With debt level reportedly nearing R500 billion, the aim is to unlock between R150 billion & R200 billion from climate change mitigation funding, in return for Eskom accelerating its shift away from coal-based power generation
Read more »
Eskom 'too big to fail' and won't be privatised, Ramaphosa tells investorsRamaphosa was delivering his first major post-election economic address at a conference hosted by the Goldman Sachs Group.
Read more »