The South African government says it is preparing to present an intervention regarding the proposed tariff hike by Eskom. The power utility has asked the National Energy Regulator of South Africa (Nersa) to approve its multi-year price determination. “I want to say – with a degree of confidence – that we will get to a situation where we don’t realise a 36, 40% tariff increase. What that percentage [tariff increase] that will be, Nersa will make that determination,” he said. Tariff reaction: Akin to paying for Eskom failuresLiziwe McDaid, Strategic Lead at The Green Connection, said that with this latest increase proposal, Eskom is basically asking the people of South Africa to pay for its mistakes.

Source: The North Africa Journal November 21, 2024 02:22 UTC