Eskom sets aside R400m for voluntary packages

eNCA reports that Eskom is offering managers in its non-core operations and employees over the age of 60 voluntary packages. R400-million has been secured to implement the process. It will be implemented between March and April this year.

The utility is adamant there will be no forced retrenchments. “This process is being run in order to get to a point where Eskom can be an efficiently run company. The management has identified opportunities and savings that could be had in the top structure of the organisation. There will be no forced job losses,” said Eskom spokesperson, Sikonathi Mantshantsha.

Releated

Informal traders allowed to resume business

SABC News reports that government has relaxed some lockdown regulations, such as the re-opening of spaza shops, including informal food traders. Close relatives of deceased persons are now also allowed to travel between provinces to attend funerals. Night vigils are still not permitted. No more than 50 people are allowed to attend a funeral. This […]

Minister Patel signs new regulations, establishes toll-free hotline to report hike prices

SABC News writes that Trade and Industry Minister, Ebrahim Patel, says a toll-free hotline has been established to report individuals or companies that hike the prices of products such as facemasks, gloves and hand sanitisers amid the coronavirus outbreak. The Competition Commission is investigating 11 companies for heavily increasing the prices of items. President Cyril […]