Eskom, which is receiving a R250 billion bailout from the government, said the increase is needed to prevent the indebted company from returning to the authorities for further financial help.
The hike would be for the 12 months to March 2026 and would be followed by increases of 11.8% and 9.1% for the following two years.
“We are striving to be more self-sufficient and not remain a burden on government finances,” Hasha Tlhotlhalemaje, general manager for regulation, said on Monday.
Diese Geschichte stammt aus der October 16, 2024-Ausgabe von The Citizen.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der October 16, 2024-Ausgabe von The Citizen.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Breaking down the auction world
The South African Institute of Auctioneers (SAIA) has unveiled a groundbreaking new resource aimed at making auctions more accessible and less intimidating for everyone.
Breaking down the auction world
The South African Institute of Auctioneers (SAIA) has unveiled a groundbreaking new resource aimed at making auctions more accessible and less intimidating for everyone.
Discover hidden gems
'NOVEMBER ART': SOME OF MOST INTRIGUING WORKS ON OFFER
Race-by-race guide to Sha Tin meeting
Luke Middlebrook's early tips and race previews for Sunday's racemeeting at Sha Tin in Hong Kong
Nahaash to bolster Costa's run
Michael Costa, the top trainer in the Emirates this season, has dominated Jebel Ali's first two meetings, saddling seven winners at the Dubai track.
Roberts hopes to See It Again
IMPROVEMENT: TRAINER FEELS HIS CHARGE HAS COME ON MARKEDLY WITH GELDING
BOWLING BLITZ
JANSEN: TALL PROTEAS SEAMER RIPS INTO SRI LANKA
Nabi bemoans Chiefs finishing
Kaizer Chiefs head coach Nasreddine Nabi has reiterated that his side are nowhere near the level they are aiming for, after they beat Richards Bay 2-1 in the Betway Premiership on Wednesday.
Iga accepts doping ban
Paris French Open champion Iga Swiatek escaped with a onemonth suspension for a positive doping test after convincing the International Tennis Integrity Agency that it had not been intentional, the ITIA announced yesterday.
Proteas must work on bowling
After slipping in another defeat to England, all-rounder Chloe Tryon admitted the Proteas women's team were not good enough with the ball in the second T20 International in Benoni on Wednesday night.