SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

The tariffs increase for direct customers including municipalities by around 36% next year, followed by 12% for the 2026/27 financial year with the final increase of 9% for the 2026/2028 financial year.

If approved, the price hike would allow for the power utility to collect R446 billion in revenue in 2026. Eskom’s General Manager Regulation, Hasha Tlhotlhalemaje says, “Eskom understands that this is a spike, but we have to keep in mind that if the consumer does not pay the efficient cost of electricity, then the taxpayer would have to pay and that is the conundrum we have found ourselves for years and we continue to do so.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

South African defence industry open for business - SABC News - Breaking news, special reports, world,South Africa’s state-owned defence company, Denel, say it is open for business. The company used Africa Aerospace and Defence (AAD) 2024 to clearly
Source: SABCNews - 🏆 37. / 51 Read more »

Proteas women announce T20 World Cup squad - SABC News - Breaking news, special reports, world, business,Du Preez says the team's tour to Pakistan will be crucial to get their winning momentum back.
Source: SABCNews - 🏆 37. / 51 Read more »

Proteas women gearing up for T20 World Cup - SABC News - Breaking news, special reports, world, business,The South African women's cricket team will be looking to gather momentum for the ICC T20 World Cup.
Source: SABC News Online - 🏆 32. / 51 Read more »