CAPE TOWN - The National Union of Metalworkers of South Africa (Numsa) referred to Eskom as the " the enemy of the working class", after it criticised bid to privatise the power utility.
According to a report by EWN, The union says it has been reliably informed that there is an intention to privatise the power utility, and it has informed the board of this.
Eskom has confirmed that irregular expenditure ballooned to over R19 billion.
Numsa says that it is convinced that the financial implications at the utility will lead to the privatisation of Eskom.
Spokesperson Phakamile Hlubi-Majola says that the union is against any plans of transferring the entity into private ownership.