Eskom: Public must pay R190bn to fix our mess. Judge: Think again

Bedevilled power producer Eskom – which is trying to bleed as much as R190bn from consumers through a series of tariff hikes – has been dealt a hammer blow by the Pretoria High Court.

The board had authorised Eskom executives to negotiate a prepayment to Optimum Coal for the delivery of coal.
The board had authorised Eskom executives to negotiate a prepayment to Optimum Coal for the delivery of coal. (Business Times)

Bedevilled power producer Eskom – which is trying to bleed as much as R190bn from consumers through a series of tariff hikes – has been dealt a hammer blow by the Pretoria High Court.

On Monday, judge Jody Kollapen dismissed an urgent application by the utility, which if successful would have seen electricity prices raised by 16.6% and 16.7% over the next two years.

Related Articles