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The National Union of Metalworkers of South Africa said Minister of Public Enterprises Pravin Gordhan appeared to move from one state-owned entity crisis to another but appears unable to provide the necessary required leadership to fix parastatals.
The union said it would support calls by its mother federation, the Congress of South African Trade Unions, for Minister of Public Enterprises Pravin Gordhan to step aside, saying that the situation at Eskom had not improved under the his watch.
Mabuza's resignation was announced on Friday evening, after he wrote to President Cyril Ramaphosa and Deputy President David Mabuza acknowledging that Eskom failed to honour its commitment avoid loadshedding until 13 January.
The city has written to the minister of mineral resources and energy asking that it and other municipalities be permitted to buy electricity directly from independent power producers, avoiding a pending court case.
Municipal debt owed to Eskom stands at R25.1bn and could approach R30bn by year end, Eskom Chairperson Jabu Mabuza warned.
The finance minister says relief will only be negotiated once Eskom has shown progress in its turnaround strategy.
The trade union federation wants Eskom's senior management, plus the board, to be dismissed after stage two load shedding was announced on Wednesday.
Eskom’s net loss after tax went up to R21bn from R2.3bn in the previous year.
NUM is standing its ground against unbundling, and says a recent meeting with Eskom management over its turnaround strategy was a plan to "co-opt" the union.
A leaked Eskom vision and strategy document, apparently prepared by the Boston Consulting Group for Eskom, has revealed the next steps of a long-awaited restructuring and turnaround plan for the embattled utility.
Member of Parliament for the Democratic Alliance Ghaleb Cachalia said the DA was willing and able to assist in the generation of a list of individuals who could potentially fulfill the key roles he said needed to be dispensed.
Eskom has confirmed the authenticity of a document purporting to be the resignation letter that outgoing Eskom chair Jabu Mabuza sent to President Cyril Ramaphosa, Deputy President David Mabuza and Minister of Public Enterprises Pravin Gordhan.
Eskom announced via social media networking site Twitter on Friday evening that stage one loadshedding would end at 23:00 in the evening and that an unspecified category of loadshedding would resume on Saturday morning.
Overdue debt owed to Eskom by municipalities increased by some R1.2bn in September to R26.4bn by the end of October, Parliament's Standing Committee on Public Accounts heard.
Eskom chairperson Jabu Mabuza has defended the appointment of Andre de Ruyter as new CEO, lauding him for taking a salary less than the average of the previous three bosses.
The finance minister said in Parliament that a new CEO for the cash-strapped power utility would be announced soon.
Eskom is investigating why a conveyor belt carrying coal from the Grootgeluk Coal Mine to Medupi Power Station in Limpopo has failed, a spokesperson confirmed.
Eskom vows to avoid load shedding in the coming summer months, as it announces it has gone through 164 days without implementing power cuts
With the hunt on for a new CEO for Eskom, experts have outlined seven key attributes they believe the new head will need in order to turn the beleaguered state-owned entity around.
BUSA is 'underwhelmed' by government's choice in appointing Freeman Nomvalo to lead Eskom's turnaround, and has expressed concern that Nomvalo does not have a track record in restructuring.
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