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Lydia Petersen - Leading civil society charge to stop Eskom pillaging the public

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Just when South Africans think Eskom-induced irritation can't get any worse, it emerges that Eskom bosses want citizens to pay up now for bad management mistakes in the past. The plan is to increase Eskom bills by at least 15%. Helping BizNews editor-in-chief Alec Hogg unpack the details is Lydia Petersen, an environmental activist who joined demonstrators in Cape Town where the National Energy Regulator of SA is considering arguments from Eskom to get consumers of electricity to foot the bill for shortfalls. State-owned entity Eskom has been the site of rampant corruption, with former president Jacob Zuma's friends spotting easy opportunities to raid taxpayers' funds through Eskom's back door. International ratings agencies say Eskom is such a drag on the economy that it is one of the major problems that needs to be fixed before funds will flow into South Africa, boosting growth and employment. - Jackie Cameron Learn more about your ad choices. Visit megaphone.fm/adchoices
3 Feb 2020 8AM English South Africa Investing · Business News

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