Bailouts for cash-strapped state-owned enterprises have cost taxpayers R456.5-billion over the past nine financial years.
Browsing: Eskom
The state-owned utility said the increase is needed to prevent it from returning to the authorities for further financial help.
South Africa has recorded the 200th day of constant electricity supply since Eskom halted load shedding in March.
Eskom has been using diesel-fuelled auxiliary turbines extensively to stave off power cuts.
Government is considering measures to offset a proposed power-price hike, including delaying plans to raise carbon taxes.
South Africa is running out of power lines to transmit electricity from new projects, an official has reiterated.
Eskom has marked another milestone in the recovery of its generation performance: six months without load shedding.
Eskom is seeking a jumbo electricity price hike, spelling good news for its creditors but pain for consumers.
Eskom has constructed a road – albeit a short one – entirely out of ash from one of its coal-fired power stations.
Eskom has asked for permission to raise priced by 36% in its 2026 financial year, far exceeding inflation.