South Africans should prepare for a double-whammy energy price shock over the next few months with electricity tariffs now confirmed to rise 9.61% from April 1 while petrol and diesel prices are predicted to go up dramatically due to Russia’s invasion of Ukraine.

The National Energy Regulator of SA (Nersa) on Thursday announced its decision on Eskom’s revenue application for 2022/2023. On allowable revenue Eskom received approval for a below-inflation increase of 3.49% compared with the 14.58% the utility applied for...

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