n IMFO : Official Journal of the Institute of Municipal Finance Officers - Utility plans to tap capital markets to fund expansions : moving towards the light

Volume 6, Issue 3
  • ISSN : 1607-520X



Extracted from text ... IMFO ? Fall 2006 10 Tens of billions of rand are at stake as the power industry's regulator - the National Energy Regulator of SA (Nersa) - is set to detail Eskom's tariff increases for the next three years in mid- February. For Eskom finance director Bongani Nqwababa the decision will be the key determinant in how he will fund the utility's multibillion rand expansion programme over the next few years. Nqwababa will oversee what is likely to be the largest fundraising effort in SA's corporate history. But his task will be much easier if Nersa's tariff increases are in ..

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