Midvaal mayor says Eskom electricity hike will drive South Africans further into poverty

Midvaal local municipality mayor Peter Teixeira says the staggering 18.65% electricity hike granted to Eskom is simply not affordable.

Ordinary South Africans cannot be expected to carry the cost of Eskom’s failure and incompetence. He added the municipality was working on becoming less reliant on the power utility.

Nersa announced it had reached a decision to grant Eskom an 18.65% increase for its 2023/2024 financial year. Eskom was also granted a 12.74% increase for the 2024/2025 financial year. Cosatu national spokesperson Sizwe Pamla said this would be a devastating blow to workers and businesses struggling to survive in an economy that is still reeling from Covid-19 lockdown and rampant inflation.

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