Access reports from www.eskom.co.za/IR2018/Pages/default.aspx While the Energy Intensive User Group (EIUG) of Southern Africa is concerned about the state of finances at the public power utility (Eskom), Xolani Mbanga, CEO says that the group, which represents 40% of Eskom’s energy users, welcomes the transparency Eskom’s Board and management has shown in laying bare [...]
EIUG REPRESENTS BIG ENERGY USERS IN PUBLIC HEARINGS, SAYS ANY FURTHER INCREASE IN TARIFF WILL EXACERBATE ESKOM’S DEATH SPIRAL The Energy Intensive User Group (EIUG) of Southern Africa is participating in public hearings this week to request NERSA not to allow Eskom’s application for increases. Says Xolani Mbanga, CEO of EIUG, whose members account for approximately [...]
Open Letter to the Honourable Minister of Energy, Mr. Radebe 12 April 2018 Dear Mr Radebe, REQUEST FOR PUBLICATION OF THE INTEGRATED RESOURCE PLAN FOR PUBLIC COMMENT The Energy Intensive User Group of Southern Africa (EIUG), whose members collectively consume approximately 40% of South Africa’s electricity, believes that energy is the engine for our country’s [...]
Alleging anti-competitive behaviour and abuse of dominant market position. Wayne Duvenage, chairman of the Organisation Undoing Tax Abuse (Outa), says that on 17 February, Outa lodged a formal complaint, evidence and detailed submission to the Competition Commission (CompCom), alleging anti-competitive behaviour and abuse of dominant market position by Eskom, the national electricity utility of South [...]
‘Lower savings, tariff increases.’ PRETORIA – Eskom increased its planned borrowings in 2016/17 dramatically by R21.7 billion to R68.5 billion, not because it accelerated its new build programme, but due to lower net savings than earlier anticipated and lower than expected tariffs during the current tariff period that ends on March 31, 2018. This was [...]
