Cash-strapped Eskom seeks further 25.3% hike in power prices

South Africa’s embattled electricity supplier, Eskom, has requested a further 25.3% hike in its tariffs over the next three years on top of existing tabled increases.

This bodes ill for the South African mining and manufacturing industries, according to Elton Bosch, gm and energy consultant at NUS Consulting Group in Johannesburg.

South Africa is a major...

Published

Bianca Markram

March 25, 2015

11:24 GMT

Johannesburg