South African regulator approves 18.65% power price hike for Eskom
By Bhargav Acharya and Kopano Gumbi JOHANNESBURG (Reuters) – South Africa’s energy regulator on Thursday approved an 18.65% power price rise for beleaguered state utility Eskom for the financial year starting on April 1, less than the company requested. Eskom had sought an increase of more than 32%, citing higher fuel costs, depreciation of its …
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