Eskom needs cash injection to avoid debt crisis: CEO

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Eskom urgently needs more cash to stabilise its ballooning debt pile with the funds coming from a rise in tariffs or new equity, its CEO said.

involved hiking rates by 16.6 percent from April 2020 and a further 16.7 percent from April 2021. It said its proposed urgent rate hike followed an error by the regulator Nersa, which in 2019 set Eskom's tariff rises at 9.

4 percent for 2019/20, 8.1 percent for 2020/21 and 5.2 percent for 2021/22.

 

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And the shit starts again

Then they must look for cash in their bonus budget ...sickofeskom

Its like pouring water into a cracked bucket, then taking a nap. Eskom_SA hires people with qualifications. Imagine!

Eskom needs to stop giving execs bonuses for no reason to avoid debt crisis. FOH

Eskom needs a slap in the right direction

Tell us something new

Get it from the non payers. Those who havent paid for years

Go get it in Dubai. Ask the Mr Koko and the ANC corrupters.

Eskom must go get is money at municipalities that owe it if not no bailouts in this world can save it.period

What crisis Isn't loadshedding already a crisis?

and Another one!

Dont worry. Those Unions are sitting on a pretty stash. Im sure they will cough up and also save the place. Thats if they can release it in time from the WMC stock market

Hape,what's new?

Good luck! Your president just authorized Municipalities to buy electricity directly from IPPs!

Enough is enough - bottomless pit. Still blaming corruption - but how, there is no evidence of that or then no need for prosecutions for some obscure reason

They are already in a crisis. Which one are they avoiding?..... Did you know the current solar clients (ongrid) are 'losing' out their excess power back to the grid for FREE. Imagine if Renewables were on full scale...they'll be no such..... But then again 🚶‍♀️they catch up

I thought, he would rescue Eskom, but since he started there is more loadshedding, now he talks about cash injection.

Can you find out with tshwane what is wrong with Kk S R soshanguve there's no electricity since yesterday 19H50

CEO must ask SAB cash injection, no beershedding 🍺 only loadshedding

Does Eskon know what a budget is?

Again yooh

This again!!!

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