Eskom has lost its court application to be granted higher tariff increases for the next two years.
National Energy Regulator, Nersa, had awarded Eskom increases of 8.1 percent in the current financial year, and 5.2 percent for the next one.
In response, Eskom asked the High Court in Pretoria to allow increases of 16.6 percent in April 2020 and 16.7 percent in 2021.
Eskom argued that without these tariffs, it and the economy will suffer catastrophic harm.
In other news – Zozibini Tunzi’s family worried after She didn’t sleep over at Home – We slaughtered a sheep & cow but she didn’t stay
Zozibini Tunzi’s family hopes their daughter will come home after finishing her reign as 2019 Miss Universe.
They want her to speak to her ancestors and do more traditional rituals. Zozi landed in Mthatha, Eastern Cape on Saturday afternoon after meeting fans at OR Tambo International Airport in the morning. continue reading
Source: eNCA
