Eskom Losing R15 Million Daily Due to Illegal Connections, Electricity Prices Set to Rise
Eskom, South Africa’s power utility, faces significant financial pressures with losses of R15 million daily due to illegal electricity connections, severely impacting its revenue and infrastructure maintenance. Despite a stable financial performance last year, increased load shedding, high diesel costs, and customers generating their own power are worsening Eskom’s outlook....
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