Consumers shouldn't be subjected to Eskom's proposed 20.5% tariff increase - Energy expert - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

South Africa Headlines News

South Africa Latest News,South Africa Headlines

Energy expert, Clyde Mallinson says the maximum electricity tariff increase should be linked to the consumer price inflation rate.

He says government should be more concerned with building better policies now to improve energy regulation in the future.

Mallinson was delivering a presentation at the public hearing into Eskom’s revenue application in Midrand north of Johannesburg. “Dear National Energy Regulator of South Africa you have an opportunity now to make a pro poor ruling. To protect vulnerable South Africans from constantly spiralling electricity costs. Eskom must be funded from the Treasury to encourage the government to look at the policies that are causing Eskom to need more cash all the time.”

says the 20.5% tariff increase is necessary because it still needs to raise R6.5 billion for diesel to power the backup generators. But, the Minerals Council of South Africa says this increase will hamper the country’s economic recovery.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

yeh , but the inflation rate is already criminal.

Incase you haven't noticed, they've already increased the tariffs. R100 doesn't even turn the meter green anymore 😕

I can help you earn money online without sending your money to anyone else..... Inbox me for more information

There is no greater joy than having financial stability and a life free of debts, that’s why I keep tweeting about lisamiabtc3 it has been a pleasure collaborating with you...there is no other way I can show my appreciation other than tweeting the good deed you have done

I attempted suicide yesterday. My children have been going to school and back on empty stomachs for two days and that tore me as a man and father. Please assist us with a food parcel. We can go days without eating, my babies can't🙏🏻😔

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:

 /  🏆 37. in ZA

South Africa Latest News, South Africa Headlines

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

Energy drinks are fastest-growing products in Africa, says Coca-Cola's local bottler | Fin24As Coca-Cola Beverages Africa prepares to list on the JSE this year, the company says it plans possible 'consolidation' on the continent and to capitalise on strong African demand – especially for energy drinks, which is the fastest-growing drink category. I just got another payout of R6Ok. can't just believe this, because I have lost so much in Bitcoin investment with several people, took a lot of loan until I was introduced to this great account manager who helped me recovered all my lost. thank you so much 🥰 MichaelWeldon_ They never responded to that tweet of the gentleman asking if they make coke bottles with the same serial number...😒😒😒Or they did? I just got another payout of R6Ok. can't just believe this, because I have lost so much in Bitcoin investment with several people, took a lot of loan until I was introduced to this great account manager who helped me recovered all my lost. thank you so much 🥰 MichaelWeldon_
Source: News24 - 🏆 4. / 80 Read more »

LIVE: Life Esidimeni Inquest - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.LIVE | The Life Esidimeni Inquest into the deaths of 144 psychiatric patients continues in the Pretoria High Court today. LifeEsidimeni I still ask myself where we're families of those patients when they starved to death? All are wrong here. Families abandoned this patients and Govt failed to care. But now all families are vocal because money is involved
Source: SABCNews - 🏆 37. / 51 Read more »

LISTEN | SA united in outrage at Eskom's proposed double digit tariff hikeEskom’s proposed tariff hike of 20.5% for its next financial year, which is set to kick in from April 1, has South Africans united in outrage. EFF tried to tackle Eskom issues, you guys gang up against them and call them hooligans. Majority are unemployed and we are already paying too much Majority don't buy or pay for electricity they are illegal connected but they can afford Dstv subscription so I doubt they will unite in outrage....we will suffer for the freebies beneficials as always
Source: TimesLIVE - 🏆 28. / 59 Read more »

LISTEN | SA united in outrage at Eskom's proposed double digit tariff hikeEskom’s proposed tariff hike of 20.5% for its next financial year, which is set to kick in from April 1, has South Africans united in outrage. After 1 week trade I recently checked my wallet and it's just like a dream to me, $5.450 earn 📊 I am forever grateful for this opportunity, Thank you 🙏 MichaelWeldon_ SAns must bear the brunt of neo-exploitation because of this pre-94 arrangement of privatisation economic model that serves interests of the politically connected while workers are being shed like trees losing their leaves. We've been had! Whether we moan, cry, jump or yell. It's still going to happen
Source: TimesLIVE - 🏆 28. / 59 Read more »

How to advertise on TopAuto – An excellent automotive news websiteTopAuto is one of South Africa’s biggest and most influential automotive news websites.
Source: BusinessTechSA - 🏆 24. / 61 Read more »

MONEY LIVE | JSE down 2% as shockwaves hit global markets | Fin24MONEY LIVE | JSE down 2% as shockwaves hit global markets Deflationary risk is also one of the things which could have caused south African stocks to plummet markets are really becoming interesting
Source: Fin24 - 🏆 21. / 63 Read more »