‘Eskom’s plan will cost 500000 jobs’

LOCAL TIME: 06:20 am | Saturday, 31 July  

‘Eskom’s plan will cost 500000 jobs’

Date: January 22, 2010 | Posted in Business News | News

If Eskom gets its proposed tariff hike of 35% each year for three years, about 500000 jobs will be lost, the SA Chamber of Commerce and Industry (Sacci) said in Midrand yesterday.

Spokesman Peggy Drodskie told a public hearing of the National Energy Regulator of SA (Nersa) on the proposed hike that inflation would increase by about 0,3%.

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