Eskom is applying for a 35% rise in electricity tariffs
News out yesterday is that Eskom is applying for a 35% rise in electricity tariffs for each of the next three years, down from the 45% it had earlier proposed. And it make up the shortfall it will now face for its expansion programme, Eskom is looking at selling a 30% stake in its R142bn Kusile power station, which could secure it up to R40bn in private equity. To discuss the issues at hand I'm now joined in studio by Thembani Bukula, from the National Energy Regulator and Chris Yelland, who's energy analyst at EE Publishers. And in our Cape Town studio is Marc Goldstein, energy analyst at Frost & Sullivan.
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