THE SMART NEWS SOURCE | Feb 10 2012 16:45 | LAST UPDATED Feb 10 2012 16:45 |
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Eskom price hikes 'a looming crisis' for miningSouth African power utility Eskom's proposed tariff hikes could be the death knell for the mining industry, auditing firm BDO warned on Wednesday. ANC: Eskom tariff hike won't help growthElectricity parastatal Eskom's revised tariff increase proposal will not help growth in the country, the ANC said on Wednesday. Opposition rejects Eskom tariff proposalOpposition parties on Tuesday rejected Eskom's proposed 35% tariff increase, saying it did little to "dampen concerns" about the effects of inflation. Private money neededEskom’s tariff increases will harm the economy so an alternative is needed, writes Lloyd Gedye. SA could have world's most expensive powerSouth Africa could have the world's most expensive electricity if Eskom gets its tariff increases, an economist said on Thursday. Eskom denies reports of lower tariffsEskom denied reports by Radio 702 on Wednesday that it was considering dropping its proposed tariff increase by 10% from 45%. House calls with pliersMany residents of Soweto don't fret about electricity cut-offs, they simply call the 'technician'. Eskom's crazy planEskom has been battling to keep the lights on. Now it wants to shoot them out. Consumer shocks aheadEskom's request for further tariff hikes has economists concerned that the spike will place further pressure on consumer price inflation. Eskom's proposed hike 'a serious shock to economy'Electricity parastatal Eskom's latest proposed tariff hike will administer "a serious shock to the economy" next year, Busa said on Wednesday. |
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