Outa calls for Eskom turnaround before tariff hikes are granted

Eskom should first implement a turnaround strategy before the National Energy Regulator of South Africa (Nersa) considers granting it a tariff hike, says the Organisation for Undoing Tax Abuse (Outa). “Eskom leadership must institute stringent measures to recoup the billions of rands siphoned out of the utility through corruption and maladministration to get immediate reprieve on its cash flow/liquidity challenges,” Outa head of energy Ronald Chauke said during public hearings, in Cape Town, on Monday.