File: Treasury is mulling some conditions in exchange for a R59-billion bailout over the next two years.
JOHANNESBURG - Eskom will be hit with a strike by the National Union of Mineworkers (NUM) during the national elections.
That's according to the head of the Highveld regional branch of the NUM, Bizzah Motubatse.
He says the possible sale of shares and planned job cuts at the embattled state-owned power utility, are the reasons behind the planned strike.
This follows reports that the ANC agrees that selling shares in Eskom is an option to rescue the debt-laden utility.
Elections are scheduled for May, although the exact date has not been set.