Today's Big Stories

Eskom to try avoid load shedding despite 'disappointing' 9.4% tariff hike

Eskom says it will do its best to reduce the risk of load shedding, in light of the approval of only half their tariff hike application.

The National Energy Regulator of South Africa (Nersa) on Tuesday announced that it has approved a 9.4% tariff hike over 2016/17, while Eskom had applied for 16.6%.

Eskom's Khulu Phasiwe on Wednesday said although he is disappointed that the full amount of R22 billion was not granted, the power utility would work hard to cover the costs of electricity production and prevent load shedding.

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


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