×

We've got news for you.

Register on SowetanLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

What is going on at Eskom?

PUBLIC Enterprise Minister Barbara Hogan told Parliament recently that the days of cheap electricity are gone.

She said our electricity was the cheapest - and had been for some time - in the world.

To prove Hogan right Eskom has applied for a 45percent tariff increase from the National Energy Regulator (Nersa) for the next three years. This after it was granted a more than 20percent tariff increase.

Opposition political parties have expressed outrage at the request and so has Cosatu.

Though Eskom's request is unjustifiably high Nersa is likely to grant it - as it has done in the past.

In addition the electricity utility's ludicrous request has the government's backing.

The pertinent question is: will the poor be able to for such a high electricity tariff?

The answer is a resounding no and the government knows that.

So why is the government supporting Eskom's request?

Interestingly, Eskom CEO Jacob Maroga has been given a 26% wage increment. The electricity utility's board chairman has defended its decision in Parliament and said Maroga's wage increment would put him on par with other CEO's.

Last year,Eskom registered a loss but its top management received huge bonuses.

The same happened a year before.

If Eskom can afford to give Maroga a whopping 26% wage increment and pay huge bonuses why is it asking for such a huge tariff increment?

Thabile Mange, Kagiso

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.