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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

financial sustainability

4 Results / Page 1 of 1

Background

South Africa

Nersa Approves Electricity Tariff Increase in South Africa

In South Africa, its energy regulator, Nersa, has approved a 12.7-percent electricity tariff increase for the 2025/'26 financial year, effective from the first of April. Municipal customers will see the hike from 1 July. Further hikes of 5.36-percent in 2026/'27 and 6.19-percent in 2027/'28 have also been approved. Nersa chairperson Thembani Bukula says the regulator had to balance Eskom’s financial sustainability with affordability for consumers:

todayJanuary 31, 2025 12

South Africa

Eskom CEO Highlights Data-Driven Approach and Governance

In S.A, Eskom CEO Dan Marokane says a data-driven approach and enhanced governance practices underpin the power utility’s financial and operational improvements. He briefed Parliament’s portfolio committee on Electricity and Energy yesterday. He adds that extending the life of coal power stations is one of the reasons for improvement in generation and load-shedding: Marokane also says the biggest risk factor is the non-payment of electricity bills by state institutions like […]

todayDecember 5, 2024 13

South Africa

Minister Hlabisa Urges Government Departments to Settle R29.4 Billion Municipal Debt

Minister of Cooperative Governance and Traditional Affairs, Velenkosini Hlabisa, is urging government departments to settle their municipal debt. Government departments owe municipalities about 29.4-billion-rand. Answering questions in Parliament, Hlabisa says his department aims to ensure that financial recovery plans for municipalities prioritise long-term sustainability and are effectively implemented:  

todayNovember 15, 2024 54

South Africa

In S.A, AfriForum Calls for Increased SABC Privatisation Following Withdrawal of Financial Reform Bill

  To S.A now, where AfriForum is urging minister Solly Malatsi to consider increased privatisation of the SABC following the withdrawal of the SABC Bill, which aimed to address the broadcaster’s financial issues. AfriForum’s head of Public Relations, Ernst van Zyl, says the organisation shares Malatsi's sentiments, stating that the Bill failed to address the SABC’s fundamental need for a viable funding model. He also supports scrapping TV licenses:

todayNovember 12, 2024 41