Trade union federation SAFTU has rejected the Electricity Amendment Regulation Bill as passed by the National Assembly.
It was given the thumbs up this week to pave the way for the unbundling of embattled state-owned power utility Eskom.
The bill seeks to provide a market platform that will allow for competitive electricity trading in the country.
SAFTU says this will ultimately lead to the privatization of the power utility.
Union spokesperson Trevor Shaku says they believe this will lead to steep electricity tariffs.
“They have planned to decommission Eskom’s coal fleet without investing heavily in its renewable capacity. Furthermore, the bill seeks to ‘allow for a reasonable return commensurate with the risk’. This means the tariff structure that will be adopted must guarantee the generators of electricity, many of whom will be IPPs at the end of the unbundling of Eskom.”
-EWN
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Well-known Mzansi actress Jessica Nkosi’s white outfit left fans talking on 14 March. She remains one of the most talented actresses in the country and has featured in several drama series. Her role as Thando Sebata in The Queen remains one of her best works.
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