Eskom urged to reduce price hikes

Mail and Guardian 8 February 2013.

The ANC has put its weight behind the call for the power utility to lower its proposed tariff increases.

The ANC this week joined Cosatu in voicing its concerns about Eskom’s proposed tariff increases, insisting that it would have a negative effect on the economy and that the proposed increase – 16% each year for five years – could be decreased.

(Contributer’s note: Interesting – I thought the ANC was the government and that the government is the 100% shareholder in Eskom – thats what a state-owned enterprise is. So the government can just tell Eskom what to do.)

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