Baleni's resignation points to impending electricity price hike
3 February 2015
The DA notes with concern the shock resignation of National Energy Regulator of South Africa (NERSA) CEO Phindile Baleni.
Initial reports suggest that Ms. Baleni's resignation is a result of increased political interference at NERSA, aimed at watering down the regulators tough stance against Eskom.
Highly regarded in the energy sector, Ms. Baleni's resignation to "pursue different interests" raises a myriad of unanswered questions:
NERSA under Ms Baleni's leadership both publicly and in the Portfolio Committee on Energy has been critical of Eskom Management and has denied exorbitant tariff increase granting only justified market related increases.