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NERSA's Tariff Snub for Eskom to Cause R12bn Revenue Gap



  • NERSA’s decision to award Eskom at 9.61% tariff increase vs 20.5% requested is expected to ease inflation concerns and boost consumer relief, but leave a revenue hold of roughly R12bn for Eskom (5% of annual revenue). This will need to be borrowed, plugged by the Treasury or taken out of capex for repairs and maintenance – Fin24
  • Economist warns petrol prices could reach R25/litre in the coming months following upside in oil prices on Ukraine war risks. This risks pushing inflation higher in the near-term and creating a drag on economic growth and precious metal prices – Businesstech
MNI London Bureau | +44 020-3983-7894 |
MNI London Bureau | +44 020-3983-7894 |

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