has reiterated that the system is constrained and has urged customers to reduce their electricity use.
However, an Energy analyst at Mining and Energy Advisors Ted Blom says, “Stage 8 is when the power is off for roughly half of the day, in other words up to 12 hours of load shedding.” Eskom supplies more than 90% of South Africa’s electricity but struggles to keep the lights on and is dependent on government bailouts to stay solvent. It has asked the High Court for an order allowing it to impose a tariff increase of 16.6% from April 2020 and 16.7% from April 2021, according to an affidavit seen by Reuters.
Eskom going to court to secure increases.... another way of saying, eskom to hold the county to ransom through loadshedding
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: SABC News Online - 🏆 32. / 51 Read more »
South Africa has lost a visionary business leader - Cyril RamaphosaPresident Cyril Ramaphosa has praised the late business icon Richard Maponya as principled leader who defeated adversity and succeeded for the benefit of many. Macro stability starts with and depends on strong Micro Foundation - Dr Richard Maponya; the health of the economy depends on the economic strength of the households - TAdamms
Source: SowetanLIVE - 🏆 13. / 63 Read more »