Ramaphosa vows to help cushion poor families from rising energy costs

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President Cyril Ramaphosa says rising food and energy prices are fuelling a cost-of-living crisis around the world, with the poor being hardest hit.

Ramaphosa said the new tariff was approved by the National Energy Regulator of South Africa following a prescribed process, which includes wide-ranging public consultation, citing that it is important that the state affirm the independence of Nersa and the importance of following the due legal process in setting tariffs.

Saying there was no simple answer to the problem, Ramaphosa called on all stakeholders, including the government, Eskom, business, labour and communities to work together to achieve a very difficult balance. “We should be wary of short-term solutions we will regret in years to come. As government we will continue to implement policies and measures to mitigate the hardship being experienced by vulnerable citizens.”

 

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If the poor had jobs that would help them too. Electricity = jobs = money NO ELECTRICITY=NO JOBS =NO MONEY

Ramapoes and his cronies are the reason for the cost of living crisis in SA...!

Not sure how, given that our economic growth forecast is barely ahead of a recession. They haven't had a plan in decades. All the ANC does is talk in platitudes. The billions and trillions you have stolen and continue to steal has been stolen from the mouths of your own people

They know exactly what is wrong … how ppl are suffering … but cannot rectify or solve anything ….

📍

We should be an energy and food exporter earning huge foreign exchange. Why is Ramaphosa trying to create a false narrative when incompetent Ministries is the cause of rising prices?

By splashing money to the poor😏

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