Posts tagged with 'Pravin Gordhan'

 

#BoycottNews24 Liberal News24 Editor Adriaan Basson Capitulates To ANC / COSATU Plan To Raid Your Pensions To Pay Eskom’s Corruption & Mismanagement & Soweto’s Unpaid Bill!

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One of the reasons left wing liberals are called snowflakes is because it does not take much to make them melt and give up any reason or principle, and like a snowflake hitting the warm ground, the controversial far left wing Editor of News24, Adriaan Basson’s feelings towards “thousands of pensioners whose livelihood depends on the GEPF“, quickly melted and turned into a callous “We have run out of money and options – pensions will bail out Eskom.”  Seems for some reason Adriaan Basson now supports the plan to plunder your pensions!

Far left liberal Adriaan Basson, changed his position on pension capture in little over 2 weeks: On 10 February, just before the budget speech, Basson wrote the following in a News24 column and we quote: ” I do take issue with their opportunistic flirting with a plan that can only be to the detriment of the thousands of pensioners whose livelihood depends on the GEPF. I have tried and tried to see the value for th
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Eskom with a debt burden of R450 billion may be the downfall of ANC regime

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Political analysts say the actions of high-ranking officials in Eskom could lead to the demise of the ANC government.

The pressure is mounting on the ruling ANC regime from the inner circles as well as opposing structures as well as from extreme groups to act against those responsible for the mess in which the power supplier is currently facing its debt burden of R450 billion.

The claims are varied, but many expect the ANC to take action against Public Enterprise Minister Pravin Gordhan, who is closely concerned with Eskom’s problems.

The Red Brigade is demanding Gordhan’s sacking, while Deputy President David Mabuza himself helped to throw Gordhan under the bus.

There is also a feud against Ramaphosa, from people who believe he should have forced Eskom to stay with his company in order not to employ any loadshedding before January 13.

With all the turmoil, this could eventually lead to the disintegration of the ANC, which could have far-reaching consequ
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SAA’S business rescue position – Bankrupt SOE will be restructured,no further bailouts to be handed out – Are their wings finally cut?

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Minister Pravin Gordhan’s stance at a board meeting of the bankrupt SA Airways has sent shock waves, the councilors as well as the shipping company’s worker are totally stunned by the so-called “business rescue position” that will be exercised without any delay.

The minister also confirmed in a statement that the board of the airlines has now adopted a resolution this cash strapped entity will be restructured, and that the government can no longer provide financial assistance.

Experts point out that this is the last effort to keep the state-owned entity standing(SOE), saying SAA’s life could drastically be shortened if they do not retrench about 1,000 redundant workers, and freezing salary adjustments for the next two years.

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SAA: More unions want to strike after Gordhan’s attempt at wage and severance dispute fails

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In support of Numsa’s strike, and in opposition to the view of ANC minister Pravin Gordhan, more unions have indicated that they will join the strike.

The circumstances in which SAA currently finds itself have left the state-controlled entity in unsustainable status, and the entry of Pravin Gordhan has increased the bitterness and power building on both sides.

Gordhan’s attempt to settle the dispute over wages and retrenchments failed, thereby extending the strike, which would mean millions of Rand per day to losses for the already bankrupt entity.

There are apparently insufficient funds to pay the staff at the end of November, and the huge debt burden will not come to an end without a radical intervention.

True to their actions, the unions once again help push the entity further into the abyss with their unrealistic wage demands.

Numsa also expects SAA not to apply any retrenchments, which means that the national aircarrier will no longer be able to ope
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Pravin Gordhan says cash-strapped SAA may have no money for salaries this month

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Minister of Public Enterprises Pravin Gordhan has warned that, while two unions at SAA are demanding salary increases for members, the airline might not even be able to pay any salaries at the end of the month.

The minister was speaking at a Parliamentary briefing on Wednesday. The meeting was called for feedback on power utility Eskom, but Gordhan – who met with unions on Tuesday – also made some remarks about SA’s cash-strapped national airline.

The minister said the strike was worsening the airline’s financial crisis. “SAA doesn’t have enough cash to possibly even pay salaries at the end of the month,” he said. “Not only will people not get increases but they might not even get their salaries,” he added.

Members of the National Union of Metalworkers of SA and the SA Cabin Crew Association have been on strike since Friday over wages, proposed job cuts and the demand that more workers be insourced.

On Wednesday afternoon Numsa and Sacca were at dispute r
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Eskom which is battling with R441 billion debt, won’t be privatized – ANC-regime’s plan to save the power supplier from ruin disappointing

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Public Enterprises Minister Pravin Gordhan yesterday unveiled the government’s latest blueprint to kickstart Eskom, which proposes major shifts in the ailing entity’s business model. Politicians, as well as political analysts and financial experts are disappointed in the plan, whose content can be vague and probably poorly implemented, as announced by the minister. Not only did he disappointed South Africa but also the credit rating agencies with his “plan” to save the power supplier from ruin.

Experts point out that the ANC will not privatize Eskom, because it is then out of their hands, and the fear exists that hundreds of ANC members will be fired because it is an overall overpopulated workforce.

Gordhan recommended, among other things, that the various power plants be divided into groups and have to compete with each other over who can generate the cheapest power, but experts say it will bring no harm to the entity’s financial position.

The turnaround plan
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Gordhan mocked by EFF as “dog of the white monopoly”

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The ANC’s minister, Pravin Gordhan, has been ridiculed as a “dog of the white monopoly” and now the two EFF members, Malema and Shivambu are in a lawsuit started by the minister.

The two members of the EFF must defend themselves in the Equality Court where they face the onslaught of Gordhan’s legal representatives.

The battle between Gordhan and the EFF leaders followed after Malema supported the minister at a time when the unpopular Jacob Zuma was still on the scene, and the EFF’s slogan “Zuma must fall” was heard in parliament.

With Ramaphosa taking Gordhan back into the cabinet, the EFF leaders’ dissatisfaction was re-displayed when the minister was labeled a dog of the white monopoly, but which now led to a bitter fight in court.

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Gordhan hires “specialists” to investigate unplanned rolling blackouts at Eskom’s, however the problems are largely due to inexperienced staff not having the ability to do the work according to requirements

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Gordhan hires 11 “specialists” to tend to Eskom’s problem, however the unplanned rolling blackouts is largely due to inexperienced staff in-service, and lacking the ability to do the work according to requirements.

Minister Pravin Gordhan has appointed eleven industry specialists as the “Eskom Technical Review Team”.

The coordinator is Dr Tsakani Mthombeni, chair of the Energy Intensive Consumer Group, and he also serves on Ramaphosa’s “Sustainable” Eskom Task Team.

The team must investigate unplanned maintenance outages that are not applied to a scheduled system.

Operators errors that cause units to turn off unplanned, technical and other operator related issues that prevent units from functioning effectively form part of what needs to be investigated.

However, experts argue that the problem is largely due to the inexperienced staff, and not having the ability to do the work accordin
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Numsa wants Gordhan’s head over extraordinarily high escalation costs at new failed power stations – according to Gordhan, power stations are “poorly designed and poorly erected”

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Trade union Numsa demanded that the Minister of Public Enterprises, Pravin Gordhan, be dismissed for the extraordinarily high escalation costs at the Medupi and Kusile power stations.

The construction cost has doubled to almost R292 billion and both power stations are described as “poorly designed and poorly constructed” by Gordhan.

Earlier, it was confirmed that the two power stations did not meet the requirements, and billions of rand would have to be used to rectify the errors.

The original article can be read in Afrikaans on Die Vryburger
This report does not necessarily reflects the opinion of SA-news.

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To start the new year ESKOM appointed new senior management staff, but is the load-shedding holiday over?

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Eskom intensified its plant maintenance and fast-tracked the recovery of stock levels from December 13 to January 13, when there was a low demand for electricity.

But Eskom’s energy availability factor for the year declined by 6.9% from 78.8% in 2017 to 71.9% in 2018, according to energy expert Chris Yelland. For the last week of December it reached a new low of 63%. The energy availability factor refers to the availability of Eskom’s plant fleet once they have taken into consideration planned maintenance and unplanned breakdowns.

Planned maintenance outages amounted to 15% of the outages in the third week of December and 18.4% in the last week, said Yelland.

Unplanned breakdown outages amounted to 19.5% and 17.5% of the fleet respectively.

Yelland said the high level of planned maintenance outages was expected because demand is low over the holiday period, allowing Eskom to do additional maintenance.

But, he said: “The leve
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