Eskom has approached the North Gauteng High Court to challenge the energy regulator’s decision to grant it a lower tariff increase.
The utility says the lower tariff has left the company with a shortfall of R102-billion.
The National Energy Regulator of South Africa (Nersa) extended tariff increases of 9.5 percent, 8 percent, and 5.2 percent to Eskom over three years.
But the utility wanted increases of between 15 and 17 percent over the period.
Eskom’s request for increases was opposed by business, labour and civil society in written and oral submissions to the regulator.
In other news – Hulisani Ravele shares how Noni Gasa’s representation inspired her as a young woman
Former YoTV presenter and radio personality Hulisani Ravele recently took to Instagram to emphasize just how much representation matters, and how seeing a black woman who looks like her on TV and in magazines inspired her.
Hulisani posted a snap of herself holding a magazine with prominent fashion and media personality Noni Gasa on the cover. She said the issue is so special to her, it stays in its sleeve. continue reading