Eskom: interdicting necessary tariff hike will be catastrophic for the country - Power utility says the high court challenge to the increase is flawed in law, and could mean more load-shedding, or worse, a credit default
on looming electricity tariff increases that the challenge is built on a flawed understanding of how increases are calculated, and it would be catastrophic for the company and even the country if the hikes were not implemented come April.
In the first part, it seeks an interdict barring Eskom from implementing the price increase on 1 April pending the outcome of the second, in which it asks the court to declare not only the price hike but the state’s response to the power crisis, includingSubscribe to the M&G today for just R30 for the first three months* to gain access to this story and all our best journalism, subscriber-only newsletters, events and a weekly cryptic crossword.
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