DStv Channel 403 Tuesday, 05 November 2024

Discussion | Massive electricity tariff hike despite blackouts

 

JOHANNESBURG - Chief Economist at Econometrix Dr Azar Jammine says the massive electricity increases are sustaining inflation at a much higher level.

Embattled power utility Eskom is expected implement over 12% tariff hike for its direct customers for the 2024/25 financial year.

This follows approval by the National Energy Regulator allowing Eskom to hike prices, for the next three years.

Chief Economist at Econometrix Dr Azar Jammine spoke to eNCA In the video above.

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