The South African reports that the Minister of Electricity and Energy, Dr. Kgosientsho Ramokgopa, has reassured South Africans that there will not be a 36% electricity tariff hike later this year. Speaking at the ANC National Executive Committee (NEC) lekgotla in Boksburg, he emphasized the need to reassess the country’s energy mix to reduce electricity production costs. High electricity prices remain a significant concern, with business leaders at the World Economic Forum (WEF) highlighting the negative impact on competitiveness. Ramokgopa acknowledged that the current exponential tariff increases are unsustainable. He expressed confidence that submissions made to the National Energy Regulator of South Africa (NERSA) will result in significantly lower increases, ensuring electricity remains more affordable in the future.
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