The Democratic Alliance last Wednesday renewed its call for an independent inquiry into Eskom, in the wake of the announcement of Eskom’s call for a 60% nominal tariff hike last week.
“The DA shares the public’s outrage over revelations that Eskom has requested a 60 percent hike in electricity tariffs,” the party’s public enterprises spokesperson Manie van Dyk said.
“Industry and the greater public, already struggling with rising fuel and food prices amid mounting inflation, are now faced with the possibility of this massive hike in electricity prices.”
“It is seven times higher than inflation and will put upward pressure on both inflation and interest rates.” Read the rest of this entry ?



