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The R54 billion miscalculation – what it means for homeowners

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South Africa’s electricity framework has been rocked by an error that could cost households dearly. In August 2025, the National Energy Regulator of South Africa (NERSA) confirmed the R54 billion miscalculation in its revenue decision for Eskom under the Sixth Multi-Year Price Determination (MYPD6). This was not a minor accounting slip.

Usage-based leasing fleet management

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In fleet management, determining the optimal vehicle replacement cycle is critical for operational efficiency, safety and costs. A poor decision impacts maintenance costs and cash flow. Advancements in telematics and leasing models are shifting practices.

NERSA’s tariff decision – what it means for Eskom and consumers

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At the end of January, the National Energy Regulator of South Africa (NERSA) announced that Eskom can implement tariff increases of 12.7%, 5.36% and 6.19% over the next three financial years. This decision represents a significant downward adjustment from the 36.14%, 11.81% and 9.10% increases that Eskom originally requested.

Peering through the smoke

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Of the companies we research, the tobacco industry has some of the best structural fundamentals. Tobacco consumption is relatively price-inelastic, which means that price increases can make up for falls in sales volumes. Taxes make up a large portion of sale prices.

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