Concerns raised of impact on business after Nersa approves Eskom tariff hikes

  • 📰 ewnupdates
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 53%

Energy Energy Headlines News

Energy Energy Latest News,Energy Energy Headlines

Concerns raised on business impact after Nersa approves Eskom tariff hikes

JOHANNESBURG - There has been mixed reaction to the decision to approve tariff increases for Eskom with some saying it was unavoidable, and others saying it will be devastating for business.

Business Unity South Africa vice president Martin Kingston said many businesses would need to have a long and hard discussion about their futures. Minerals Council's Chief Economist Henk Langenhoven said the council was not expecting such high increases.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 30. in ENERGY

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nersa grants Eskom price hikes: Here’s how much more you will pay over next 3 yearsNersa has decided to give Eskom R665 billion in revenue over the next three years. But instead of three consecutive price hikes of more than 15% like Eskom wanted, Nersa granted price hikes of 9.41%, followed by 8.1% and then 5.22% by JustinBrownSA
Source: City_Press - 🏆 7. / 72 Read more »

Nersa approves energy tariff hikesElectricity is going to increase by 9.4 percent this year. useless bunch Nersa is me!JoeMoore who are this bl stupid people to increase electricity
Source: eNCA - 🏆 49. / 51 Read more »

Nersa approves 3 electricity tariff hikes for next 3 yearsEnergy experts say Eskom’s application is short-sighted and reckless, saying it would no longer serve the interests of the economy. Insanity, pure insanity. What about the miljards in electricity debts.
Source: ewnupdates - 🏆 30. / 53 Read more »