Concerns raised of impact on business after Nersa approves Eskom tariff hikes

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Concerns raised on business impact after Nersa approves Eskom tariff hikes

JOHANNESBURG - There has been mixed reaction to the decision to approve tariff increases for Eskom with some saying it was unavoidable, and others saying it will be devastating for business.

Business Unity South Africa vice president Martin Kingston said many businesses would need to have a long and hard discussion about their futures. Minerals Council's Chief Economist Henk Langenhoven said the council was not expecting such high increases.

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