Eskom in talks with government over firm’s headcount

South African power utility Eskom said on Monday it was in discussions with the government to look at the cash-strapped firm’s headcount in effort to boost productivity.

“These are discussions we are having with our shareholder,” said Chief Executive Officer Phakamani Hadebe, during the state-owned company’s results presentation on Monday when it reported a loss of R2.3 billion ($171 million).

Source: moneyweb.co.za