As the alleged wrongdoing at Bishops Diocesan College shows, equating wealth with virtue is a bad idea, writes Helena Wasserman.
Sprinkles early. Morning clouds. Mild.
The regulator defends a decision to grant Eskom a lower tariff increase.
Eskom Holdings is challenging the South African energy regulator in court over a tariff increase the state-owned utility says isn’t sufficient, Mining Weekly reports, citing court papers.
Nersa has criticised Johannesburg Mayor Herman Mashaba for what it said was a "misleading and mischievous" statement about tariff hikes.
Even an efficient, well-run electricity utility would not be able to operate on Eskom’s tariff levels, according to an international energy expert.
Unbundling of Eskom has welcomed by some, but perhaps it should be approached with caution, says Sifiso Skenjana.
From the National Energy Regulator's approved tariff hikes for Eskom, to the net closing in on Steinhoff, here are some of the top stories from the week that was.
Eskom acknowledged "certain governance" failures occurred at the power utility but the amounts associated with these have not yet been fully quantified, Nersa chairperson Jacob Modise has said.
The announcement by The National Energy Regulator of South Africa on electricity tariffs was delayed, by more than an hour, at the last minute on Thursday afternoon for further deliberations.
Nersa will on Thursday announce the price of electricity for the next three years after Eskom applied for increases of between 15% and 17%.
Eskom has announced the risk of Stage 1 load shedding from 14:00 to 22:00 on Thursday.
The cash-strapped power utility is going to court to challenge Nersa's decision to grant it a lower tariff increase than it applied for.
The percentage of households connected to the country's main electricity supply increased to 84.7% in 2018, according to the General Household Survey - but some are still obliged to use diverse energy sources due to cost and access.
While NERSA has allowed Eskom a tariff hike of just over 14%, SA's three biggest cities are absorbing some of the increase to pass on lower tariff hikes to beleaguered residents.
The High Court in Pretoria has dismissed an application by the Coal Transporters Forum against Eskom, Nersa and a number of independent power producers.
Eskom was granted only a 13.8% increase for 2019/20 instead of the 15% it had applied for. Don't sigh with relief too quickly, says Ferial Haffajee.
Eskom's board will decide how to address the financial shortfall after the National Energy Regulator granted lower than applied for electricity price tariffs for the next three financial years.
The National Energy Regulator of South Africa has approved electricity hikes of 9.41%, 8.1% and 5.2% for the next three financial years.
If Nersa gives the debt-ridden Eskom the full price increase it has asked for, electricity prices will go up by a whopping 21% from next month - but even so, the power utility would still make a loss of R20bn for the past financial year.
South Africa will hear on Thursday how much the cost of electricity will rise over the next three years, following Eskom’s application for double-digit hikes.
Eskom's request for a 15% tariff hike and the prospect of load shedding pose a massive challenge. How do we table a budget that is pro-poor while generating revenue to ensure investment in infrastructure, asks Herman Mashaba.
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