Cape Town mayor calls for rejection of Eskom’s 44% tariff hike
Cape Town Mayor Geordin Hill-Lewis says Eskom’s 44% tariff hike application to the National Energy Regulator (Nersa) is based on dubious financial data, and seeks to punish South Africans for Eskom’s inefficiencies, while tripling the State-owned company’s intended profit from electricity generation assets. Public hearings The City called on Nersa to reject Eskom’s application in … Read more