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Eskom is inadvertently helping drive the global sustainable energy movement by rapidly pricing South Africans out of the grid energy market. Photo: Waldo Swiegers/Getty Images
ELECTRICITY

Grid energy is becoming a luxury people can’t afford

Eskom’s tariff increases from 2024 to 2027 will result in consumers experiencing a 70% price hike which excludes the plan to dispense with the discounted rates for low-usage…

  • Rein Snoeck Henkemans
3 min read
Eskom’s financial situation renders it unable to service utilities from its own revenue. Over R200 billion of the utility’s debt has been considered distressed debt — which must be paid back with urgency — by Eskom chief financial officer Calib Cassim.
ANC

Is Nersa really to blame for Eskom’s mess?

Political parties and NGOs will be taking Nersa and Eskom to court for granting the utility an 18.65% tariff hike

  • Mandisa Makgakga
5 min read