DStv Channel 403 Wednesday, 25 December 2024

WATCH | Breaking down Eskom's proposed tariff hike

 

JOHANNESBURG - Eskom's proposed electricity tariff hike will devastate the country's fragile economy even further.

The embattled utility is trying to hike prices by a staggering 38%.

Parts of Joburg without power after severe storms

Professor Mark Swilling from the National Planning Commission says the hike is a result of Eskom’s failure to acquire enough diesel to keep generators on.

Swilling says it may be once again up to the public to bail Eskom out of its financial difficulties.

Watch the video above for more details.

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