Eskom is selling less electricity, making billions in profit and improves its financial position, but continually increases tariffs for customers, says AfriForum.
Eskom records R30.3bn profit after tax, more than doubling 2025’s results as operational recovery continues without load shedding.
Nelson Mandela Bay has applied to restore its tiered electricity tariff, which could mean credits or adjustments for qualifying customers.
Cabinet has approved a revised electricity pricing policy aimed at reducing costs while protecting vulnerable households and strategic economic sectors.
South African electricity consumers are bracing for steeper tariff increases after the National Energy Regulator of South Africa (Nersa) reached a controversial R54-billion settlement with Eskom to correct what it…