The Democratic Alliance saysThe hike comes into effect next month.
The State Capture Commission has heard claims of widespread corruption at Eskom especially regarding coal contracts with a Gupta owned firm. The DA’s Shadow Minister of Public Enterprises, Natasha Mazzone, says South Africans are already struggling under the weight of tax burdens resulting from ANC mismanagement, collusion, corruption and wastefulness at SOEs like Eskom.
The DA says Eskom should focus on debt collection rather than punishing paying consumers with steep tariff increases.decision follows Finance Minister Tito Mboweni’s announcement in his budget speech that debt laden Eskom would be allocated R23 billion a year for each of the next three years. Local power providers like Johannesburg’s City Power will now decide what increment they will pass on to consumers.
Source: News Formal (newsformal.com)
AS always we the people are always the ones that have to keep on paying or else...Time to lock up all ESKOM exectutives that get Far above Bonuses whilst there is no money to fix anything
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