Posts Tagged ‘rate hikes’

Eskom Profits And Rate Hike

This item was filled under Loadshedding News

One of the consequences of Eskom’s request for a 60% rate hike is that the inefficient parastatal would end up with a R12.7bn profit according to Moneyweb. That puts Eskom in the same league as a few of South Africa’s mega corporations. Standardbank recently produced a record profits of R12 billion after one of its [...]

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