The National Energy Regulator of South Africa has given Eskom the go-ahead for a tariff increase of over 15 percent. The embattled power utility went to court to push for the increase.
It will allow Eskom to raise about R10 billion from customers.
Brace yourself for a huge hike in your electricity bill. The Energy Regulator has given Eskom the go-ahead for a tariff increase of over 15%. The embattled power utility went to court to push for the increase. It will allow Eskom to raise about R10-billion from customers. pic.twitter.com/GHZ1iKxE6P
— eNCA (@eNCA) April 1, 2021
The agreement will run for the 2021/2022 financial year.
In other news – Sangoma Boity now selling alcohol
All-round media personality and TV star Boity Thulo, and now the creator of South Africa’s new favorite drinks brand, is definitely owning her throne with her latest new exciting adventure.
The TV star has always been business savvy and saying she has been working hard would be a major understatement. Learn more
Source: eNCA