Ramokgopa rules out Eskom bailouts and double-digit tariff hikes under ‘Eskom 2.0’

Ramokgopa rules out Eskom bailouts and double-digit tariff hikes under ‘Eskom 2.0’

Eskom is being pushed into a new era of financial discipline as government rules out further bailouts and double-digit tariff hikes, while demanding lower costs and greater efficiency.

Keeping South Africa’s Reform And Policy Commitments On Track

Electricity and energy minister Kgosientsho Ramokgopa last week set out the shareholders’ expectations for what he called “Eskom 2.0.” We have long said that Eskom needs to become an effective provider in a competitive electricity market, and the minister has made that objective clear to the board. He has set out an expectation that the […]