BUSINESS DAY TV: Costs of IPP will not be covered by 2.2% increase
Eskom Acting CEO Matshela Koko talks to Business Day TV about plans to collect more than R10bn in municipal arrears and to roll out more prepaid. BUSINESS DAY TV: Public Enterprises Minister Lynne Brown has asked Eskom to delay cutting power to certain municipalities until the end of the month but has said that the only way for the company to remain sustainable is for it to recover all its revenue. Brown was talking at Eskom’s quarterly systems status briefing today and joining us now in the News Leader studio to discuss this further is the company’s acting CEO, Matshela Koko. So it sounds encouraging certainly when you hear Eskom has turned itself around and is now generating more power than the country needs. But let’s put this into perspective because demand has waned within a slower growth environment. So how much better off are things really? MATSHELA KOKO: The fact is, year-on-year growth is 1% down, 2,252GWh and we have reduced our peak demand through our demand set managemen...
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