Eskom are set to hike electricity prices by 12.74%. (Waldo Swiegers/Bloomberg via Getty Images)
South African consumers who are already struggling with the rising cost of living will have to fork out an additional 12.74% for electricity when Eskom’s tariff hikes take effect in the coming months.
The National Energy Regulator of South Africa (Nersa) said on Thursday it had approved revenue for the power utility of R384 610 million for 2024-5, R409 524 million for 2026-7 and R436 860…