cbn.co.za4h
Yet another above-inflation increase on electricity tariff – with the likelihood of more to come
Mr Jacques Moolman, President of the Cape Chamber of Commerce and Industry. The 12.74% tariff increase, while substantially less than Eskom’s requested 36.15%, is cold comfort for households and ...
The Citizen17h
South Africa’s real retirement age? 80!
Although 65 is the 'official' retirement age, most people will only be able to afford retirement at the age of 80.
The Climate Fix: Africa’s Solar Revolution
In announcing a $35 billion program to bring inexpensive solar power to some 300 million Africans, officials left out two words: climate change.
TechCentral2d
South African electricity prices have doubled since Covid
Eskom itself has admitted that 1.8 million prepayment meters are vending electricity without payment. If each of these meters ...
The Citizen2d
At least electricity tariff increase is not 36%, but still 3 times inflation rate
Analysts believe that if Eskom got its act together and improved its performance, electricity tariffs would not have doubled since 2020.
South Africa’s debt has skyrocketed – new rules are needed to manage it
South Africa needs a credible plan to stabilise and reduce debt or it risks economic stagnation and financial instability.
polity2d
Opposition parties reject Nersa’s tariff hike, EFF calls for review of approval process
Opposition parties have rejected the National Energy Regulator of South Africa’s (Nersa’s) decision to grant State power ...
DFA on MSN2d
Eskom’s 12.7% electricity tariff increase will knock out South Africans’ wins from interest rate cut
South Africans can brace for an electricity tariff increase in April. This means saving of a mere R170 for those owning a R1m home, will hardly make a dent in the pockets of hard-hit South African ...
International Monetary Fund3d
South Africa: 2024 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for South Africa
A new Government of National Unity (GNU) has been in place since June 2024, which the markets have welcomed. The GNU faces difficult challenges: declining GDP per capita, high unemployment, poverty ...
Engineering News3d
Households continue to feel the pressure of high interest rates
The high interest rates continue to place financial pressure on South Africa’s households, the latest Altron FinTech Household Resilience Index (AFHRI) shows, noting that over the last three years, ...
Bizcommunity5d
Think you’ll retire at 65? 80 is SA’s real retirement age
Most South Africans can only retire comfortably at 80, not 65. Sanlam Corporate highlights systemic challenges and recommends ...