Premium: OUTA tackles energy regulator on Karpowership’s licences

All these public holidays, lovely as they may be, really do mess with my weekday clock – if something like that exists. You'll please have to forgive my tardiness on getting the newsletter out today. I was convinced, and would have sworn on the good book that it was somehow Wednesday.

I attended a press conference this morning hosted by the Organisation Undoing Tax Abuse – OUTA. The National Energy Regulator of South Africa (NERSA) finds itself in their sights. You can read what their review application, filed at the Pretoria High Court on Tuesday, is all about here. When over R200bn over 20 years is on the line for taxpayers, you want decisions being scrutinised very closely.

In a nutshell, OUTA wants the regulator's decision to grant power generation licences to Karpowership SA reviewed and cast asunder for failing to pass muster in terms of rationality and transparency. All the information, claims OUTA, wasn't before NERSA (or the public) when making a determination. Also, "significant portions of the licence applications [were] redacted".

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