Eskom seeks to recoup R38bn through tariff hikes
Aug13

Eskom seeks to recoup R38bn through tariff hikes

Johannesburg – State power utility Eskom has asked the national energy regulator Nersa for permission to recoup R38bn of costs incurred in its 2014 financial year through higher electricity tariffs starting April 1 next year. “If approved, the outcome of this application is expected to impact the electricity price commencing in 2016-17,” acting chairperson Ben Ngubane said in the company’s annual report, released on Tuesday. The...

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Two Arrested in Eskom Cyber Heist
Nov26

Two Arrested in Eskom Cyber Heist

At least two Eskom employees have been arrested in connection with fraud that could have resulted in the power utility loosing billions of rand. At least two Eskom employees have been arrested in connection with fraud that could have resulted in the power utility loosing billions of rand, the Hawks said on Wednesday. “During a weekend sting operation two employees of the South African electricity public utility Eskom, together with an...

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