The increases are well above the inflation rate with electricity up by 13% and water by 9.9%, depending on consumption which is on a stepped tariff, meaning the more you use the more you pay.
Member of the mayoral committee for finance, Funzela Ngobeni, said during the 2019/2020 budget speech that the city had been forced to increase the cost of electricity and water, as these were supplied by Eskom and Rand Water which dictate the prices. “Adding to this are new sustainability challenges that have seen many cities experiencing unprecedented spikes in household income pressures. Regardless of how a city is being affected by these changes - one thing remains constant - the need to provide crucial urban infrastructure and deliver municipal services as efficiently and cost-effectively as possible.
Nice, I hope all the politicians drive safe in the new BMW we got them.
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