Registered users can save articles to their personal articles list. Login here or sign up here

Eskom says it has ‘healthy’ coal stockpiles ahead of strike

Num aiming to strike from Sunday after wage talks broke down last week.

State-run power utility Eskom said on Monday it had healthy stockpiles across its coal-fired power stations and was building them further ahead of a potential coal wage strike by the National Union of Mineworkers.

“To mitigate the impact from this impending strike, the utility is working tirelessly to reclaim coal from current stockpiles, as well as build up operational stockpiles,” Eskom said in an emailed response to Reuters’ queries.

Num is aiming to strike from Sunday after wage talks broke down last week at mines run by Anglo Coal, Delmas Coal, Exxaro, and Glencore, which account for about half of South Africa’s coal production. 

Get access to Moneyweb's financial intelligence and support quality journalism for only
R63/month or R630/year.
Sign up here, cancel at any time.

COMMENTS   1

To comment, you must be registered and logged in.

LOGIN HERE

Don't have an account?
Sign up for FREE

Escom statement sounds just like a communist propaganda brochure and it has the same credibility.

End of comments.

LATEST CURRENCIES  

USD / ZAR
GBP / ZAR
EUR / ZAR
Insider GOLD
ONLY R63pm

Moneyweb's premium subscription is a membership service which will give you access to a number of tools to take charge of your investments.
Or choose a yearly subscription at R630pa - SAVE R126

Get instant access to all our tools and content. Monthly subscription can be suspended at any time.

Podcasts

GO TO SHOP CART

Follow us:

Search Articles:Advanced Search
Click a Company:
server: 172.17.0.2