The latest ruling by the Constitutional Court, allowing Eskom to retrospectively ask the National Energy Regulator of SA (Nersa) to claw back additional tariffs from consumers could lead to further hikes in the price of electricity for South Africans.
The Reserve Bank’s Monetary Policy Committee (MPC) on Thursday reduced the repo rate by 25 basis points to 6.75%.
Eskom has invested millions in renewable power, specifically in research in this ever expanding field.
In line with the National Development Plan, investment in infrastructure remains a policy priority with public-sector infrastructure investment plans totalling R987.4 billion over the medium term.
Green initiatives are a fact of life in the 21st century – and are likely to play an even bigger role in the future. There is an increasing awareness of human impact on the environment, and the need for clean sources of power.
The Gauteng Provincial Government is working around the clock to ensure that life gets back to normal in tornado-hit Ekurhuleni, east of Johannesburg.
The National Energy Regulator of South Africa (Nersa) has granted Eskom a 9.4% tariff increase for the 2016/17 financial year.
Efforts are being stepped up to alleviate electricity supply constraints, with government preparing to expand the Independent Power Producer (IPP) initiative, said National Treasury.
The commercial property industry is hugely concerned with Eskom's proposed 16% electricity tariff increase which it believes will have a negative effect on the industry.
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