Following weeks of tough negotiations, which began with a zero percent wage increase, Eskom on Tuesday tabled two new offers for unions to consider.
"We first met on May 10, before the soccer World Cup, which has come and gone. We would like to start focusing on turning around this company,” noted Eskom spokesman Khulu Phasiwe.
The first offer that the utility has put forward is 7.5% for 2018, 6.5% for the second year and 6.25% for the third year; however, the unions – which include the National Union of Mineworkers, Solidarity and the National Union of Metalworkers – have not yet accepted the offers.
"The NUM is taking the latest offer back to its members to give us a mandate as to whether they accept or reject the offer," the union said.
UPDATE #Eskom Negotiations end in NO DEAL once again today. Unions will take back the parastatal’s latest offers (Optian A and Option B) on the table back to their members to consult. Negotiations will reconvene next week..... pic.twitter.com/X6oObTx3vh
— silindelo masikane (@Slindelo_M) July 17, 2018
The power company also put forward the offer of housing based on the Consumer Price Index or R141 and bonuses based on financial statements.
According to reports, the unions have threatened a shut down of work if their demands are not met. Read more: Minister Pravin Gordhan holds meeting over Eskom salary negotiations
The unions are demanding 8% for this year and 8.5% for the next two years.
The wage negotiations will reconvene on the 27 July 2018 and the unions will report back to plenary the mandate from its members.
This is an unfolding story, ESI Africa will keep you updated as the new information becomes available.
Watch the eNCA insert below, whereby the unions reveal their next steps forward in resolving the matter.