Eskom inertia remains biggest economic risk
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South Africans will soon be facing a possible return to darkness after Eskom warned of looming system constraints, due to the extended unavailability of the Koeberg Nuclear Power Station’s units in 2022 due to planned outages.
This as Eskom has applied for an electricity price increase of 20.5% for the 2023 financial year, which commences on in April, as the utility continues to look for ways out of its balance sheet bind. This remains the single biggest binding constraint on the South African economy.
Denker Capital released a report late last year proposing a solution to Eskom’s balance sheet problem.
To discuss this Michael Avery is joined by Energy analyst Chris Yelland, Madalet Sessions, PM at Denker Capital, Sithembiso Garane, Head of Listed Credit at Futuregrowth and Peter Becker, spokesperson for the Koeberg Alert Alliance (KAA]
This as Eskom has applied for an electricity price increase of 20.5% for the 2023 financial year, which commences on in April, as the utility continues to look for ways out of its balance sheet bind. This remains the single biggest binding constraint on the South African economy.
Denker Capital released a report late last year proposing a solution to Eskom’s balance sheet problem.
To discuss this Michael Avery is joined by Energy analyst Chris Yelland, Madalet Sessions, PM at Denker Capital, Sithembiso Garane, Head of Listed Credit at Futuregrowth and Peter Becker, spokesperson for the Koeberg Alert Alliance (KAA]
