South Africa

UDM Warns Against 46% Electricity Price Hike, Citing Unbearable Burden on Consumers

today23 September, 2024

Background

To South Africa, where the UDM says the looming 46-percent electricity price hike developments raise serious concerns regarding the potential impact on consumers and the broader economy. The party’s deputy president, Nqabayomzi Kwankwa, says the mismanagement of Eskom should not be passed on to consumers, who should not bear the eight-billion-rand resulting cost. He says a proposed 46-percent hike would place an unbearable burden on consumers, already grappling with the rising cost of living:

 

Written by: Leonard Witbeen