The Nelson Mandela Bay Business Chamber is extremely disappointed with the increase awarded to Eskom, as it constitutes once again an unaffordable hike for businesses operating in Nelson Mandela Bay.
This comes as the National Energy Regulator (NERSA) announced today [subs: 1 March] that in analysis of Eskom’s Regulatory Clearing Account (RCA) application for the first year of the third Multi-Year Price Determination (MYPD3) (2013/14), electricity tariffs will be increased by 9.4% for the 2016/17 financial year.
Nersa head of communications Mr Charles Hlebela confirmed to the Nelson Mandela Bay Business Chamber that the decision on whether Nersa should approve Eskom's Regulatory Clearing Account (RCA) application of R22.8-billion for the multi-year price...
Nelson Mandela Bay Business Chamber Deputy President MC Botha was interviewed on CNBC Africa this week about the impact an electricity hike would have on business. Here is a look at the interview.
DELIVERING one of the strongest presentations of the week, the Nelson Mandela Bay Business Chamber lived up to its slogan of being the authoritative voice of business when it presented today at the Nersa public hearings in the city.
The hearing on whether Nersa should approve Eskom's Regulatory Clearing Account (RCA) application of R22.8-billion for the five year multi-year price determination (MYPD) Year 1 (2013/14) took place at the ETC Conference Centre in Struandale.
As a leading business chamber in the country, the Nelson Mandela Bay Business Chamber strongly rejects additional increases in electricity tariffs for 2016.
Eskom is making steady progress in reducing its maintenance backlog, a move that has resulted in improved plant availability and a drop in plant breakdowns over the past three months.
Today is the 100th day of no load shedding, except for a 2-hour 20 minute outage recorded on 14 September. The power system is currently stable with no load shedding anticipated.
The Nelson Mandela Bay Business Chamber welcomes the National Energy Regulator (Nersa)’s decision to reject Eskom's application to hike electricity tariffs by an additional 9.58%.
It is good news for businesses in Nelson Mandela Bay that Nersa declined an application by Eskom to raise the price of electricity from July 1 (Wednesday), particularly in the current economic climate when we can ill afforded another hike at this point in time.
THE National Electricity Regulator of SA has declined an application by Eskom to raise the price of electricity this year.
The Nelson Mandela Bay Business Chamber yesterday (June 24) delivered a powerful presentation in opposition of higher electricity tariffs in Nelson Mandela Bay.
The presentation was well-received on the last day of the National Energy Regulator...
The Nelson Mandela Bay Business Chamber will today (June 24) oppose higher electricity tariffs for Nelson Mandela Bay at a public hearing in Johannesburg.
A delegation representing business in the Bay will present at the National Energy Regulator (Nersa) public hearings on Eskom’s selective reopener application for the third Multi-Year Price Determination at the Nasrec Expo Centre.