Yet another above-inflation increase on electricity tariff – with the likelihood of more to come
The 12.74% tariff increase, while substantially less than Eskom’s requested 36.15%, is cold comfort for households and businesses already struggling to afford electricity, and which now face yet another above-inflation increase – with the likelihood of more to come. Deliberations over the tariff hike also raise concern about Eskom’s balance sheet and ongoing municipal debt. […]