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South African towns hike electricity costs by up to 14%, stressing household budgets.
South African municipalities have received approval to raise electricity tariffs by up to 14%, significantly higher than inflation.
This increase, effective from July 1, is causing financial strain on consumers.
In response, Standard Bank's LookSee platform has introduced tools like the Smart Save journey to help households monitor and reduce their energy usage, aiming to ease the financial impact.
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Las ciudades sudafricanas aumentan los costos de la electricidad hasta en un 14%, poniendo presión sobre los presupuestos de los hogares.