• Wrap-up: Davos insights

    Alec Hogg speaks about the top three issues at this year's World Economic Forum.

  • Netflix and SA video

    Much of Netflix's potential impact on SA has already been made, says Arthur Goldstuck.

  • Fool's paradise

    Greece's new leader is in the same position as the ANC in 1994, says Leopold Scholtz.

See More

Call to clarify Nersa role

Mar 09 2010 11:10

Related Articles

DA to meet Nersa over 'errors'

Electricity use linked to economy

Nersa slammed for capping hikes

Joburg mayor slams Eskom hike

Eskom hike: 'Look at positives'

Eskom tariff lifts rate cut hope


Cape Town - There is an urgent need to clarify the role of the National Electricity Regulator of SA (Nersa), according to a newly-released report.

The regulator also needed to be given the power to play an active role in governance of the power sector, the report said.

The report was commissioned by the international Electricity Governance Initiative, and is based on research by South African academics and NGOs.

It said there was a "profound" lack of clarity on roles and responsibilities in the electricity sector.

This had left policy processes vulnerable to economically and politically powerful interests outside government.

"There is an urgent need to clarify the role and authority of the regulator in energy policy formulation, planning and regulation," the report said.

The way Nersa's senior management were appointed should be reviewed to make the process more transparent, which would affirm the independence and authority of the regulator and improve public confidence in its integrity.

Nersa should also be given the resources it needed to meet its social responsibilities, such as ensuring access to affordable electricity.

- Sapa



Latest Articles

6 motivational tips to help you save this year Read More...
Invest for Income
15 Investment Tips for 2015
Tax-free saving accounts are coming

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Add your comment
Comment 0 characters remaining

Company Snapshot

Brought to you by BizNews

More from BizNews

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...