South African Trade Union Federation (COSATU) has opposed the proposal to split up Eskom, the country’s power firm, into three different entities.
COSATU Deputy General Secretary Solly Phetoe stated the union’s position on Tuesday at a news conference in Johannesburg.
Phetoe said that the split would not solve the struggling utility’s governance and debt problems.
“We do not support un-bundling as the only option to turn around Eskom,” Phetoe said.
Phetoe said the proposal to split Eskom into three separate firms was made only by a task team appointed by President Cyril Ramaphosa at a meeting with members of the ruling African National Congress.