
Message from the Eskom Chairman – Valli Moosa
For many years Eskom had been the crown jewel of the South African state-owned enterprises. Several awards and honours were bestowed on the utility, which bears testimony to this fact.
In 2001 Eskom won the Financial Times Global Energy Award for the Power Company of the Year. This was in recognition of the organisation’s success in “providing the world’s lowest-cost electricity while at the same time making superior technology innovations, increasing transmission system reliability and developing economical, efficient and safe methods for combustion of low grade coal”. This has been an exceptional achievement.
During the past financial year, the debate on the future tariff path took a new turn. For the first time ever, Nedlac hosted a stakeholder summit to deliberate on Eskom’s second application for a further tariff increase for 2008/9.
Representatives of civil society, organised labour, business and government, worked together and agreed on a common submission to Nersa. It was agreed at the summit that the new price proposals must be done in a manner that protects the poor and ensures that they still have access to affordable electricity. |