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Government can't borrow R70bn to increase public servants' salaries, says Senzo Mchunu


Government can’t borrow R70bn to increase public servants’ salaries, says Senzo Mchunu
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Johannesburg - Public Service and Administration Minister Senzo Mchunu has warned that the government would have to borrow over R70 billion to comply with the agreement to increase public servants salaries it failed to honour last year.
Mchunu filed his written submissions ahead of next month s Constitutional Court battle between unions representing state employees and the government over the failure to increase their salaries in 2020.
The agreement reached at the Public Service Co-ordinating Bargaining Council (PSCBC) in 2018 would have seen salaries increase by between 4.4% and 5.4% agreed with effect from April 1, 2020. ....

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'We can't work miracles', Eskom alone won't solve SA's power crisis - De Ruyter


Gallo Images/Business Day/Freddy Mavunda
Eskom s energy availability factor is far below the assumptions made in the Integrated Resources Plan of 2019, says the power utility s CEO André de Ruyter.
Eskom has a role to play in the country s energy mix, but solely relying on it for power is not sustainable in the long term, De Ruyter says.
Renewable energy could provide urgent solutions to the country s generation capacity challenges.
To reduce the risk of load shedding the country needs to think differently about the approach taken to generate electricity, according to Eskom CEO André de Ruyter.
During an interview with Judge Dennis Davis on eNCA this week, De Ruyter spoke on the utility s current challenges as the country bears the burden of load shedding this week. Some of Eskom s power plants suffered breakdowns that warranted stage 4 load shedding, Fin24 previously reported. ....

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