Why electricity has became so expensive in South Africa
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GUEST - Miyelani Holeni Group Chief Advisor at Ntiyiso Consulting Group
Over the past decade, electricity rates have risen significantly nationally. Electricity, unlike other expenses, is one that homeowners have little flexibility to control. Eskom has increased the price of electricity by 446% since load-shedding began in 2008, driving up inflation and significantly increasing the cost of doing business in the country.
Over the past decade, electricity rates have risen significantly nationally. Electricity, unlike other expenses, is one that homeowners have little flexibility to control. Eskom has increased the price of electricity by 446% since load-shedding began in 2008, driving up inflation and significantly increasing the cost of doing business in the country.