NUM protest over IPPs and Eskom privatisation

The National Union of Mineworkers (NUM) in Kwazulu-Natal arranged a protest this past weekend against the IPPs, Eskom privatisation, and the closing of power stations and coal mines.

“The IPPs agreement is insane and doesn’t indicate a sober business case. If Eskom continues to pay R2,22 per kWh and sell at R0.89c the power utility will collapse,” the union said in a press statement.

Additionally, NUM Nationally protested against the IPPS at Union Buildings: “We can’t fold arms while the Eskom Board is planning on unbundling Eskom to pave a way of privatising. There are other ways of dealing with the financial crisis in the business other than privatising and retrenching employees,” the union added.

Source: ESI Africa

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