Eskom wants more money

Eskom is planning to challenge the national regulator in court over a tariff increase, it says is not enough.

The power utility was granted a price increase of 9.4-percent in April, which is 17-percent less than what it had requested.

Government has committed to financially assist the debt-ridden utility.

The bailout for Eskom this financial year is R49-billion, increasing to R56-billion the next year.

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Source: eNCA