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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.

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