Thursday, June 25, 2009

Tough times for South Africans

ByCindy Witten
25 June 2009

The National Energy Regulator has granted Eskom an interim 31% price hike. The energy giant had requested a 34% increase. Public Enterprises Minister Barbara Hogan earlier warned that an electricity hike was absolutely necessary to keep the country running.

Unions are worried about how these price increases will affect the poorer communities, but government is expected to announce measures to shield poor consumers from the effect of the increase.

Things don’t seem to be getting easier for consumers with a petrol price hike on the cards. Tomorrow, fuel users will know just how much more they’ll have to fork out next month.

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