Eskom Pact Won’t Include Pledge to Use State Worker Pensions
- Pact between labor, business and government due to be signed
- Initial proposal was to use Public Investment Corp. funds
Photographer: Waldo Swiegers/Bloomberg
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A pact between South Africa’s government, labor unions and business to cut the debt of the stricken national power utility won’t include a pledge to use the pensions of state workers as had been initially proposed.