What type of inflation does eskom face ?

Is it demand-pull inflation or cost-push inflation ?

15:42 6 :1 E! R 1'3 .ull 70% I 6 2020ASSIGNM... IQ 0+ Sibanye had to stop its operation for the month of June due to an illegal strike. Following this, it dismissed 99 employees and placed 407 employees on nal warnings. On Thursday, Sibanye said employees at all levels may be affected as a result of proposed restructuring in order to ensure long-term sustainability. The announcement follows AngloGold Ashanti 's relIenchrnent process, which will see 8 500 workers being retrenched. According to NUM, 80 000 jobs have been shed in the last ve years. The union is disappointed that the government has not done more to prevent the bleeding of jobs. According to the Chamber of Mines, the mining companies are not NUM's enemy. It said it welcomed better cooperation to save jobs, but that the mining sector is becoming increasingly difcult to operate. Between 2014 and 2016, the industry node an accumulative net loss of around MObn, the chamber said. And between 2012 and 2016, the industry lost about 70 000 jobs as it struggled to remain viable. Source: httQ:f/www.n24.com/EconomyiabourfNewsl Accessed 4 September 1.1 With reference to the above news clip, NUM is concerned about the willy-nilly retrenchments by mining companies. Comprehensively discuss the different types of unemployment and the trends in unemployment in South Africa. Do you think labour unionis) participation in your country is leading to an increase in unemployment in your country? Fully motivate your answer with relevant theory and practical examples. (30 marks) 1.2 'According to the Chamber of Mines, the mining companies are not NUM's enemy. It said it welcomed better cooperation to save jobs, but that the mining sector is becoming increasingly difth to operate' The loss of jobs has always had negative effects on the economy. Discuss the economic and social consequences of unemployment in your country and suggest practical measures that the government could use to reduce these consequences. (15 marks) Question 2 The National electricity supplier in South Africa (Eskom) has applied for a 16% price hike over five years to the National Energy Regulator of South Africa [NERSM which will see them not requesting for any increase In electricity tariffs up to 2018. 2.1 Use the AD-AS analysis to evaluate the type of Inatlon and its resulting effect on production, Income and employment since the above application by Eskom was approved by NERSA. What course of actions, do you think NERSA should take based on the effects discussed above? (45 marks) /