Eskom tells court tariffs to blame for load shedding as Nersa stand-off continues - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABC News Online
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Eskom tells court tariffs to blame for load shedding as Nersa stand-off continues via SABCNewsOnline

In simple terms, Eskom says the price of electricity is low, while Nersa believes it's too high.

The cash-strapped power utility is bitter about Nersa’s decision to deduct R23 billion from the R69 billion government bailout it got from National Treasury last year. “This is the second court application between Eskom and Nersa and in this instance, Eskom is trying to clarify the Nersa decision that was made on the 2019/20 financial year were an increase of 5.2% was granted.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 32. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

BamboThulani Ai what next? First wet coals now tariffs😩

ESKOM using loadshedding to EXTORT South African tax payers, for the benefit of the corruption connected select FEW!

Rubbish, it is the more than R30bn finance cost per annum they paying towards the loans

What a load of rubbish!! How stupid does Eskom_SA think the public are!!

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Small business in South Africa secures cracker supply deal with WalmartGlenart was one of the manufacturers from the 18 that received a second visit from the Walmart sourcing team this week.
Source: TheCitizen_News - 🏆 6. / 75 Read more »