Electricity Prices
latest news & developmentsEskom profits rise again but tariff hikes remain the real story
The national power utility is heading for a second year of profits but experts say tariff hikes and state bailouts remain central to its financial recovery
‘Incredible growth’ in rooftop solar in South Africa
Rising electricity prices, power outages, increasing awareness of the need to reduce greenhouse gas emissions and decreasing solar technology costs are driving the rooftop solar…
How to solve the Eskom headache in your home
Load-shedding and electricity prices are projected to double in next five years
Tireless Sudanese protesters take on the generals — again
In 2019 Sudan’s Omar al-Bashir was ousted after a massive wave of protests. But the generals who replaced him won’t hand over power. Now the flames of revolution are being…
Brace for above inflation electricity hike and municipalities’ power grab
The price of electricity could go up by 20.5% in April and an upcoming court bid could see users paying surcharges to municipalities
‘A cruel slap’: Reserve Bank weighs inflation risks as the economy struggles
Critics have said the repo rate hike will jeopardise already sluggish economic growth, but others say the gradual increase will have little effect
Reserve Bank green-lights interest rate lift-off
The decision to hike the repo rate by 25 basis points comes in the wake of red-hot inflation in advanced economies and fears policymakers will start to dial back on accommodative…
‘No choice but to ditch coal’
The shift away from the fossil fuel will take time but analysts say it is imperative that South Africa accelerates the process
South Africans will pay for the costly electricity from DRC’s Inga 3 dam
A new report says power from the hydroelectric scheme is more expensive than energy from solar and wind
Consumer price inflation eased in February
But higher petrol and electricity prices are expected to drive up price inflation throughout the economy
Another reason why Eskom is the bull in the fiscal china shop
Although mismanagement and corruption play a role in the financial state of affairs at municipalities, it is not the only reason they are failing