Instead of above-average tariff increases, Eskom should seek alternative mechanisms to improve its efficiencies and reduce costs, says the City of Joburg.The City of Johannesburg is asking the National Energy Regulator to limit the suggested increase to electricity tariffs to 18.4% at the most.
The proposed tariff hike of 38.1% is far higher than the current inflation rate and risks stifling the ailing economy that has just begun on a recovery path, he said. “While as a city we have full appreciation that Eskom must be financially viable, this must not be achieved at the detriment of the residents of Johannesburg.”
Screw you...there shouldn't be an increase at all. We are being held hostage by Eskom. Citizens are being punished because of mismanagement corruption and interference by ANC Government on how Eskom is run.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Joburg metro says 18% Eskom tariff hike more feasible in present economyThe City of Johannesburg is asking the National Energy Regulator to limit the suggested increase to electricity tariffs to 18.4% at the most. I was scammed through Bitcoin couple of months ago, I started hating Bitcoin until I was introduced to Allison_Grillo, and I gave Bitcoin trading another try, I successfully withdrew $35,000 after two weeks of trading, am so grateful Allison_Grillo thank you Why can't it be feasible for the government workers to get 10 percent increase in this current economic inflation? Even 18% is too much. No 1 gets a 18% salary increase.
Source: TimesLIVE - 🏆 28. / 59 Read more »