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South Africa's energy regulator and Eskom settle for R54 billion, leading to tariff hikes above inflation.
The National Energy Regulator of South Africa (Nersa) and Eskom have reached a R54 billion settlement, leading to increased electricity tariffs that exceed inflation.
This adjustment follows Nersa acknowledging errors in evaluating Eskom's revenue needs.
The hike will disproportionately affect poor households and small businesses, potentially leading to higher unemployment and increased inflation rates, according to critics.
The Democratic Alliance argues consumers are paying for Nersa's mistakes.
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El regulador energético de Sudáfrica y Eskom se conforman con R54 mil millones, lo que lleva a aumentos de tarifas por encima de la inflación.