The Cape Chamber of Commerce
and Industry welcomed the National Energy Regulator of South Africa’s decision
not to grant Eskom a tariff hike.
The Chambers President Janine
Myburgh said Eskom must now cut costs which would include introducing wage
freezes and closing executive canteens.
The power utility said it
needed the additional 9.5% increase to buy diesel and to try and curb load
Myburgh said the big problem
is that Eskom is paying too much for coal and diesel it is buying, we need to
see more transparently on these deals and Eskom will have to do some hard
negotiations to get its procurements costs under control.
Myburgh added that the fact
that the new power stations are so far behind schedule and over budget as well
as the huge maintenance backlogs, is a clear indication that things have become
relaxed and insufficient.
“It is wrong to expect your
customers to pay for your insufficiency” Myburgh concluded.
Labels: Cape Chamber of Commerce and Industry says Eskom must start cutting costs