Today's Big Stories

'Eskom has itself to blame for revenue loss'

Eskom is facing a backlash at public hearings over its application to the National Energy Regulator of South Africa (Nersa) for another tariff hike.

The power utility claims it needs over R22 billion to help keep the lights on.

Executive director at the Cape Chamber of Commerce and Industry, Sid Peimer, told the panel that there's a lack of transparency at the parastatal.

Listen to the full conversation from The Midday Report with Stephen Grootes:

Sid Peimer said Eskom had itself to blame for the R11.7 billion rand loss in revenue and said it was due to over-projection on the power utility's part.

Siyabonga Sesant, EWN reporter

He said the parastatal was warned that there would be a move to alternative energy options.

Siyabonga Sesant, EWN reporter

Peimer said no one knows how much it cost Eskom for the procurement of coal and diesel.

Siyabonga Sesant, EWN reporter

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