Monday, July 07, 2008

Electricity hikes will cause job loss

by Mishkah Anthony
7 July 2008

Trade Union COSATU says high electricity prices will contribute to job losses in the country.Three weeks ago the country's energy regulator NERSA approved an increase of 27.5-percent in electricity tariffs.

COSATU says businesses will soon have to shut their doors as they will no longer be able to afford to keep operating.

The union is to launch its campaign of rolling mass action in opposition to job losses as a result of the electricity crisis, on 9 July 2008, with provincial actions, continuing throughout the month of July.

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