South Africa: Eskom Confirms Load Shedding to Stay for About Two Years, Looks to 25 Percent Tariff Hike As Debt Balloons to R488-Billion

analysis

With rotational power outages to stay until at least March 2022, Eskom on Wednesday told MPs electricity tariffs must increase -- and how its bailout billions are used to pay off the power utility's debt that has grown to R488-billion.

Rolling power outages hit Eskom's briefing of the Standing Committee on Appropriation on Wednesday.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.