South Africa: Eskom Approves Retrenchment Process for Executives

Photo: warrenski
Eskom Generation's pilot wind-farm facility at Klipheuwel in the Western Cape, South Africa.

Eskom's Board of Directors has decided to review the company's organisational design to enhance operational and cost efficiencies.

"Despite efforts to curb expenditure, Eskom's operating costs have continued to increase dramatically, while output has remained largely unchanged," Eskom said in a statement.

As such, Eskom's Board has approved a Section 189 process for its executive structure.

Section 189 of the Labour Relations Act sets out the legal requirements for retrenchments for companies.

"Only members of the executive structure will be impacted. Eskom will share the updates with the relevant stakeholders as appropriate," the power utility said.

See What Everyone is Watching

More From: SAnews.gov.za

Don't Miss

AllAfrica publishes around 700 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.