Economists warn of another electricity tariff increase
By Loushe Jordaan Gilbert Come next month, Eskom employees will be smiling a bit more as all non-managerial employees will see a 7% salary increase for the next three years. Chief economist of the Efficient Group Dawie Roodt, said he is shocked at this news, especially as the utility already has existing debt of about R420 billion. “I am shocked to the core. They are increasing salaries when they have […]
