The UDM is disturbed by the news that the CEO of Eskom is to receive a massive salary increase. We condemn such a massive salary increase on several grounds.
Firstly, it is patently unjust for the management of an institution to give itself a salary increase which is more than double what it gave its workers. At a time when the domestic and international economy is in crisis, such a move smacks of hypocrisy and disregard.
Secondly, it must be remembered that Eskom's CEO already receives a handsome salary to the tune of millions. We speak often in this country about the gap between the haves and the have-nots, hence even private companies face pressure from their shareholders to moderate executive packages. Yet, in the view of shareholders - us, the South African public - it seems no such restraint is applied in the parastatals.
Thirdly, we are talking about an institution which has had a very poor track record over the past number of years. They have caused the South African public untold economic harm with poor service delivery and shoddy work. Thank you.