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Chamber of Mines opposes Eskom’s application for 20% increase at NERSA hearings

  • If granted, Eskom’s proposed increase will result in a vicious downward spiral for South Africa - of higher electricity prices, lower growth and even less electricity consumption.
  • Short term solutions must be found to prevent Eskom from failing, and the economy suffering irreparable damage.
  • Any short term solution must be conditional on significant structural adjustments programme.

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