Mavuso slams Eskom’s tariff system as ‘farcical’, calls for urgent electricity sector reform

There is no greater sign of the urgent need for reform of the electricity sector than the way State-owned utility Eskom’s electricity tariffs are set, Business Leadership South Africa CEO Busisiwe Mavuso has asserted. “The whole system is far from the way prices should be set – through a competitive market in which firms aim to sell to consumers by offering them better value than others,” she said in the latest edition of her weekly newsletter, published on September 1.