Rob Rose Editor: Financial Mail

If, like many South Africans, you’re finding it tricky to stretch your salary to the end of the month, SA’s least-reliable company is about to make it a whole heap harder. Last week, Eskom was given the green light by the high court to hike power prices 15.6% from April.

It’s punitive in the extreme: besides being five times SA’s inflation rate, the increase comes at a time when unemployment is at a record 32.5%, and even those who do have jobs have had their salaries slashed...

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