Eskom financial data shock: Compliance expert says consumers overcharged R1,3 trillion in 15 years

Loading player...
Financial compliance expert Paul Nel says South African consumers of electricity have been overcharged by R1.375 trillion in electricity tariffs over the past 15 years. He believes this has contributed to South Africa’s failing municipalities.
25 Jan 2024 5AM English South Africa Investing · Business News

Other recent episodes

BNC#8 Piet Viljoen - Survive first, profit later: Why history beats prediction in investing

Piet dismantles the myth of market prediction, arguing that success comes from judgment, discipline, and respect for history. Drawing on timeless lessons, he reveals why human behaviour drives cycles, why diversification and liquidity matter, and why survival beats brilliance. In a world obsessed with forecasts, this approach focuses on resilience,…
20 Mar 5AM 27 min

BNC#8 truth over hype: Magnus on investing, independence, and winning in a tough economy

Magnus built his career on questioning narratives and pursuing truth - first in journalism, then in financial advice. From navigating market volatility to championing global investing, his journey reflects resilience and independence. In a challenging South African economy, his message is clear: think critically, stay global, and never compromise on…
19 Mar 8AM 23 min