SA should consider capitalising Eskom again – CEO

South Africa should consider increasing capitalisation of power firm Eskom due to lower electricity tariffs, the utility’s chief executive officer said on Monday.

Eskom CEO Phakamani Hadebe also told a mining conference in Cape Town that there was need to consider “functionally unbundling” or splitting of the power utility.

Read: Eskom sees R20bn FY loss, seeks higher tariffs

“If tariffs are low then government in one way or another should be willing to increase its recapitalisation” he said.

Read: Mines will bleed jobs if Eskom gets its 15% increase