Mashaba to meet business over proposed Eskom tariff hike, Numsa to picket
Johannesburg Mayor Herman Mashaba said he was meeting the business community on Thursday to discuss the likely impact of a proposed 15 percent annual tariff increase by State power utility Eskom over the next three years.
The National Union of Metalworkers of South Africa (Numsa) said it would stage a picket together with community organizations in the Soweto township to oppose Eskom's request, made to the National Energy Regulator (Nersa).
Mayor Mashaba said the city of Johannesburg wanted to incorporate the views of business people as part of its representations to Nersa rejecting the hikes.
He said years of mismanagement and corruption at the State enterprise had helped slow economic growth and increased the hardships faced by residents.
In October, Eskom announced it had asked Nersa for a 15 percent tariff hike per year for the next three financial years in a bid to attain revenue of R219-billion in 2019/20, R252-billion in 2020/21 and R291-billion in 2021/22.
Eskom is about R420-billion in the red.
Nersa will kick off the last leg of public hearings on Eskom's application in Gauteng province, which incorporates Johannesburg, on Friday.
In a separate statement, union Numsa said it would make its own detailed submissions to the Nersa board at the hearings as to why Eskom should be denied the increase.
"Granting Eskom a tariff hike would be disastrous for the economy and for the community at large," Numsa said.
Comments
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
John Thompson, the leader in energy and environmental solutions through value engineering and innovation, provides the following: design, engineer,...
VISIT SHOWROOM
We supply customers with practical affordable solutions for their testing needs. Our products include benchtop, portable, in-line process control...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
