Business Leadership South Africa (BLSA) and Business Unity South Africa (BUSA) groups issued an open call and have urged the government to step in and stop Eskom from trying to entrench its monopoly within the country.
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Business Leadership South Africa (BLSA) and Business Unity South Africa (BUSA) groups issued an open call and have urged the government to step in and stop Eskom from trying to entrench its monopoly within the country.
Energy expert Professor Vally Padayachee warns that approving private electricity trading licences without establishing new rules for their participation could bankrupt Eskom and municipalities.
Eskom’s financial challenges cost South African residents numerous times through taxpayer-funded bailouts, rising electricity prices, and new fixed fees, placing more strain on the country’s households.