Eskom freed from borrowing for five years, Calib Cassim says
This will free up cash so Eskom can undertake immediate maintenance and investment to reduce power cuts
25 April 2023 - 12:28
Eskom will not need to borrow any more money for its operational needs and capital requirements for the next five years because of the government’s debt relief package and the tariffs approved by the National Energy Regulator of SA (Nersa), Eskom acting CEO Calib Cassim said on Tuesday.
Nersa has approved an 18.65% tariff increase for 2023/24 and 12.74% for 2024/25...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.