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Massive win in court by Chamber and local businesses

Through extensive lobbying work and the efforts of our task teams, the Nelson Mandela Bay Business Chamber has positioned itself as the authoritative voice of business on pertinent issues affecting the sustainability of our member companies.

The high cost of electricity remains a key concern for our members and our Electricity and Energy Task Team, supported by the Board, together with local energy intensive industrial companies have taken the lead in lobbying on this priority focus area of the Nelson Mandela Bay Business Chamber.

It gives us great pleasure to inform our members that today we secured a massive win for all our members. The North Gauteng High Court this morning [Tuesday, 16 August] handed down judgment in favour of the applicants brought against the National Energy Regulator of South Africa (NERSA) and Eskom earlier this year.

In the application, which was heard in the North Gauteng High Court in June this year, the applicants asked for the R11.2-billion regulatory clearing account increase to the Eskom tariff to be declared unlawful and set aside based on numerous irregularities in the approval process.

Nelson Mandela Bay Business Chamber Deputy President and Electricity Task Team Chamber Board lead MC Botha said the High Court this morning confirmed the argument to be correct and declared the regulatory clearing account approval to be irrational, unfair and unlawful.

“We are very satisfied with the outcome of the judgement as this is a massive win not only for businesses in Nelson Mandela Bay, but for all electricity consumers in the country. The Nelson Mandela Bay Business Chamber will continue to champion the interests of its members in particular and commerce and industry in general,” Botha emphasised.

Furthermore Botha said that given the significance of the matter, the Business Chamber’s legal representation was in the process of studying the detailed judgment and would keep members informed on the full implications of the judgement in due course.