Reliable and affordable energy, with predictable tariffs, is indispensable. Even so, it is significant that Eskom’s leadership recognises the central role it plays: without this backbone, large-scale manufacturing and job creation cannot exist
The national power utility is heading for a second year of profits but experts say tariff hikes and state bailouts remain central to its financial recovery
Stable governance, executive unity and some operational freedom allowed the state-owned entity to succeed, show SOEs need not decline
The ruling is not an ‘endorsement of indefinite non-compliance’, says minister of forestry, fisheries and environment
In its budget review, the treasury flagged Transnet’s high debt levels, saying it needs to make faster progress on its plan to improve operations and finances
Financial mismanagement, weak oversight and irregular expenditure continue to undermine the stability of the utility
The power utility said it experienced several breakdowns in its reserves that required extended repair time
The energy regulator has approved price increases for the power utility for the next three years
The power utility expects to return to profitability in the current financial year but says consumers must pay ‘cost-reflective tariffs’
Cumulative electricity price hikes over the past 16 years are leading to an affordability crisis for poor, working and middle class