Eskom Fossil Fuels NERSA Treasury

Busa says other funding options should be explored as new Eskom hike looms

Engineering News, 15 May, 2014.

Business Unity South Africa (Busa) has expressed concern over State-owned power utilityEskom’s latest efforts to appeal for an interim tariff increase, saying in a statement on Wednesday that the sluggish growth of the South African economy could not bear above-inflation increases in administered prices.

It added that, while it supported government’s National Development Plan (NDP), an “ad-hoc” approach to Eskom’s sustainability went against the principles of the NDP.

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