'Stop bonuses for Eskom bosses'
2008-03-09 14:27
Special Report
Eskom is set to seek a 34% hike in electricity tariffs, back from the 88% rise it had been considering due to the global economic slowdown, a newspaper says.
Johannesburg - The Democratic Alliance does not want shares to the possible value of R10m to be awarded to Eskom management.
DA spokesperson on public enterprises Manie van Dyk said the awarding of such shares would be outrageous, given that South Africans were bearing the brunt of extreme negligence on the part of Eskom management.
Van Dyk would be writing to the Minister of Public Enterprises and the chief executive officer of Eskom in an effort to prevent these bonuses from being paid out.
"This money should rather be diverted into Eskom's coal procurement or capital expansion plan."
A lack of planning has seen massive "rolling blackouts" sweeping across South Africa, and the economy being hit because big industry it cannot reach its production targets. Citizens have also been trapped in lifts and in huge traffic jams amid periodic shortages of electricity.
- SAPA