Eskom hikes
Eskom to use R150bn in future earnings for nuclear expansion
The energy ministry said government will issue requests for proposals on the nuclear fleet later this month.
Concerns have been raised about the running costs at Eskom being passed on to customers.
The High Court ruled that Nersa's decision to grant Eskom a tariff hike was irrational, unfair and unlawful.
The power utility however says it’s still open to negotiations.
Nersa approved a 9.4% tariff increase which will allow Eskom to recover R11.2 billion.
Nersa is expected to make a decision on the proposed price hike at the end of the month.
The power utility says there’s no plan to sell a 49% stake of the parastatal to the private sector.
Eskom's last stop in its countrywide public hearing process will start at Gallagher Estate this morning.
Salga says with 58% of SA households deemed poor, a 16% increase would be unfavourable.
CARTOON: Eskom - Shocking SA since 1923!
Eskom says this is due to a shortage of generation capacity as several units are currently out of service.
Eskom says it will keep the lights on all weekend in Cape Town.
Eskom currently imports 200 megawatts from Namibia and 1,500 megawatts from Mozambique.
Govt is yet to announce whether it will give Eskom a R20 billion bailout.
Soweto owes more for electricity than the rest of the country put together with arrears at R2.6 billion.
Stephen Grootes comments on the dramatic decisions the parastatal will need to make.
Speculation is mounting that some Cabinet ministers may be considering selling parts of Eskom to raise money.
The power utility is expected to hike electricity tariffs by between two and five percent next year.
The energy regulator has given Eskom the go ahead to adjust rates above the 8% already granted.