A court battle is looming between the National Energy Regulator and Eskom. The utility wants additional tariff increases for one-point-eight-billion-Rand in bonuses. It’s also trying to recover 69-billion-Rand additional revenue for the next two years. But Nersa says Eskom hasn’t done enough to achieve efficient operations or become financially stable.
The South African National Energy Development Institute (SANEDI) is proud to announce an outstanding performance for the 2024/2025 financial year – achieving 100% of its performance targets and securing a fourth consecutive clean audit...
As South Africans step into a new year, households are once again doing the annual financial recalculation – school fees, transport costs, municipal charges and the steady creep of everyday expenses that tend to arrive all at once in January....
Eskom says it views Fitch Rating’s decision to upgrade its credit ratings, in line with the recent improvement in South Africa’s sovereign credit rating as continued recognition of the utility’s central role in the country’s energy system. In a...