SHOCK ABSORBER:

15th February 2013 By: Darlene Creamer

SHOCK ABSORBER:

Speaker after speaker at the recently National Energy Regulator of South Africa hearings into Eskom’s latest tariff application called on government to play a more significant role in supporting the State-owned utility and shielding consumers and the economy from further price shocks. But given government’s fiscal balancing act, there appears to be little hope of further shareholder support, despite the clamour.