1
Mining Weekly.com Browse Help
 
Intelligence on mining
 
 
Back

Outa calls for Eskom turnaround before tariff hikes are granted

By:  
Creamer Media Correspondent
 
ELECTRICITY
Eskom should first implement a turnaround strategy before the National Energy Regulator of South Africa (Nersa) considers granting it a tariff hike, says the Organisation for Undoing Tax Abuse (Outa). “Eskom leadership must institute stringent measures to recoup the billions of rands siphoned out of the utility through corruption and maladministration to get immediate reprieve on its cash flow/liquidity challenges,” Outa head of energy Ronald Chauke said during public hearings, in Cape Town, on Monday.
 
 
 
 
 

Latest content...

Register for daily alerts on news as it breaks in various key economic sectors - Click here to register