01-07-2015 08:42 via news.yahoo.com

South Africa's Eskom expected to seek bigger tariff rise next time

By Mfuneko Toyana JOHANNESBURG (Reuters) - Cash-strapped power firm Eskom will seek an even bigger tariff increase next time around after South Africa's energy regulator rejected the utility's bid to raise prices in July, industry experts said on Tuesday. State-owned Eskom is struggling to meet demand in Africa's most advanced economy and has been relying on diesel-fired power stations to shore up supply in a bid to prevent power cuts that have become an almost daily feature in th
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