The DA slams proposed 25% electricity hike
The DA slated Eskom for what it called placing the burden of its mismanagement on the shoulders of the people.
JOHANNESBURG - The Democratic Alliance (DA) on Wednesday said South Africans could not afford a 25 percent electricity tariff hike and has slated Eskom for what it called placing the burden of its mismanagement on the shoulders of the people.
The opposition party marched to the office of Public Enterprises Minister Lynne Brown in Pretoria on Wednesday afternoon, where a memorandum was handed over.
Thursday marks the first day of the new 12,69 percent tariff hike in electricity bills.
In addition to the increase, the parastatal wants to approach the National Energy Regulator of South Africa to double the tariff hike to 25,3 percent.
The DA's Mmusi Maimane said, "Our concern is that with inflation, equally so, South Africans aren't earning that much more and many will lose their jobs."
To add to consumer's problems, South Africans have once again been warned to monitor their spending closely and to expect further pressure on their budgets following this week's petrol price increase.
The petrol price increased by up to R1,62 per litre and diesel by up to R1,24 cents in Gauteng.
The spike came as increases in the cost of electricity, water and other municipal services were expected within weeks.
All of this is likely to push up the price of food and transport.
The Standard Bank Group's chief economist, Goolam Ballim, said two thirds of the relief motorists felt during the plummeting petrol price had already been erased.