DON'T MISS : Talking Africa New Podcast – GERD: Sudan got a raw deal from 1959 treaty with Egypt

South African court sets aside Eskom’s electricity tariff hikes

By TJ Strydom
Posted on Wednesday, 17 August 2016 06:24

National energy regulator (Nersa) in March allowed Eskom a total tariff hike of 9.4 percent, of which part was an interim increase for running expensive diesel generators to keep the lights on in Africa’s most industrialised economy.

A court in Johannesburg on Tuesday granted the application by business organisations to set the regulator’s decision aside.

Had the interim increase not been granted, the tariffs would have risen by 3.5 percent from April 1, Moneyweb reported. Eskom would not comment on the court’s decision directly, saying in a statement it would await a decision by the regulator.

We value your privacy

The Africa Report uses cookies to provide you with a quality user experience, measure audience, and provide you with personalized advertising. By continuing on The Africa Report, you agree to the use of cookies under the terms of our privacy policy.
You can change your preferences at any time.