Carol Paton Writer at Large

The government has asked key suppliers to Eskom — independent power producers (IPPs) of renewable energy and coal producers — to help turn the economy around by considering cost reductions.

This is the first time the government has suggested to economic stakeholders that a haircut — a sacrifice on returns — be agreed as part of the solution to Eskom’s financial crisis.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.