Eskom to implement Nersa-approved electricity price increase from April 1

Power utility Eskom has confirmed that it will implement electricity price increases, as approved by the National Energy Regulator of South Africa (Nersa), from April 1. The utility in October 2023 applied to Nersa for the approval of its Retail Tariff and Structural Adjustment Application and the schedule of tariffs for the period from April 1, 2024, to March 31, 2025.
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Cape Town tables R76.4bn budget; infrastructure spending at R12.1bn

Cape Town Mayor Geordin Hill-Lewis has tabled a R76.4-billion draft budget for the city for the 2024/25 financial year. The budget proposes record infrastructure investment of R12.1-billion for the year, and nearly R40-billion over the next three years.
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Release of Gas Master Plan approved at Cabinet’s last official meeting ahead of May poll

Cabinet approved the publication of the long-awaited Gas Master Plan for public comment during what was the last formal meeting of the executive ahead of the May 29 election. However, Minister in The Presidency Khumbudzo Ntshavheni indicated that special Cabinet meetings could still be convened should the need arise. The master plan, Ntshavheni said, was supportive of government’s commitment to diversifying the country’s energy mix away from coal-fired power plants.
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