'Eskom under financial strain'
Big business and labour says Eskom’s battle for power could affect economic growth & job creation.
Speculation is mounting that some Cabinet ministers may be considering selling parts of Eskom to raise money.
The energy regulator has given Eskom the go ahead to adjust rates above the 8% already granted.
Nersa says Eskom may adjust rates next year above the already eight percent increases.
A cash injection or loan guarantee could ease the cash-strapped power utility’s problems.