Analysis | We need to stop these ridiculous price increases from Eskom: Mthunzi Luthuli
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- Опубліковано 5 жов 2024
- Power utility Eskom says it acknowledges that the 36% tariff hike it seeks from the beginning of next April is steep. In its latest multi-year price determination applications, the group is seeking massive electricity price hikes over the next three years. The utility is requesting another double digit hike of 11.81% from April 2026- and another 9% the year after. We speak to Mthunzi Luthuli, Energy Analyst.
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It is extortion. They stole all the money, now the consumer has to pay the price.
Eskom has gone MAD ! How are pensioners supposed to afford electricity ? It has become a luxury, no longer a necessity !
I'm a pensioner. I only have Eskom electricity in the Western Cape. I have no alternative provision. My geyser is invariably off. I switch it on every two or three days to wash up, to wash clothes and to give myself a rinse in the basin. I pay a Thousand Rand for 291 units. I pay a pre-paid surcharge which covers only the connection to my home. On these I pay VAT. With the proposed increase my electricity units will cost R1 3600 a month. This is unacceptable. Remove VAT from electricity. Give pensioners a rebate. Stop fleecing people who are not getting increases. They are living on pensions.
Cut your salaries and no bonuses is what I say, this government will cripple companies!!
Why the F must we pay for ANC failure and looting ..even Guptas and Zuma still free
Totally agree. The truth has been spoken Blame the stupid Zuma and Ramaphosa for this total mess up..They are quick to give others the blame while as a matter of fact they are responsible.
You clearly have no idea whats going on here….6:20 is were you’ll find your answer… the private sector is a serpent squeezing every single cent.
Even the corruption that took place with the power stations, who coopted Eskom staff and management? The private sector. Who benefited the most financially? THE PRIVATE SECTOR/BIG BUSINESS!!!!
FYI the Gupta’s were actually Eskoms cheapest coal supplier which irked the other players hence the onslaught from the propaganda machine, with that said im glad the guptas are gone too much power in private hands…
@@MasBuzo-zj6zt all this under ANC watch
@@Lawrence-b8k The serpent private sector has existed long before ANC rule, in fact one can argue that the non-Afrikaner business block was even more powerful than the Nats, hence they didn’t need Pretoria’s permission to end apartheid…. Thats why “democracy “ is defended at all costs because behind democracy is the protection of the “free-market”
@@MasBuzo-zj6zt Eskom is a state owned business. Why blame the private sector?
Eskom asks for a 36% increase then when they get 18% everyone breathes a sigh of relief. That's how they screw us.
🤬
Reduce the headcount of Eskom from 40,000 to 6,000 as it is supposed to be (as reported in the media many times over the years)
What do we look like? Americans that can just pay and pay? The same things I bought 2.5 years ago cost R1200 and it now cost R2600. I used to spend R500 a month on electricity and now I have to spend R700. My salary, however, does not rise. Make it make sense.
Eskim is becoming the most expensive power provider on the planet. On a purchasing parity basis, it is likely the most expensive.
1:22 this dude is just speaking so much BS.
Stop looting, fire half of your over inflated staff and get better coal prices.
Diagusting lies and poor business management.
Recover all the debt outstanding. We cannot afford increases anymore!!!!
Go green go solar 2025 I will be off grid
Eskom f off...I will celebrate that day.
14 000 bill each month😮
Eskom is a failure in the new ZA
We part of Brics we can get cheap much cheaper diesel and gaz
We have plenty coal.
It's a rip off
Consumers must pay for ALL the mishaps made by government. Where is our public protector. Electricity petrol price drop for PE
We need someone to stand up for us
What happened to the millions that eskom received, that Ramaposa loaned from the arabs
Why aren't they collecting their money from non paying communities 😂 Alexandra Eldorado park Soweto Kliptown Noordegsig Tshipisong Mofering Bostmond and from top brass ANC help name there other its so sad they stealing from paying clients and leinuent with none paying.....
You may find fault with these townships in your claims that "they are not paying for electricity" but the source of all this problem is the agenda constructed and driven by the western Financial Elite controlling all European and American cooperate companies among which Eskom is also one.
listen to whatBrian Molefe had to say about ESKOM nobody cares to listen ,some people need to be arretsed.
Electricity is costing more then the rates and taxes of the property. These oaks were never ready to run SA
Raise electricity prices according to the median or average annual salary increase and people will be ok with it, but 36%? They are smoking strong stuff!
Check out the salaries that Eskom pays.
Unacceptable 🤬🤬🤬
Has anyone considered the use/abuse of BBBEE legislation for the price increases? It formed part of the basis for tenderpreneurism. Sheer corruption and looting is of course the other component.
ESKOM is getting so expensive, it is very fast becoming worthwhile to go off-grid. It is exactly right what the speaker says at 10:30. Eskom will be losing their best customers first, and be left with the poor customers that cannot afford.
😂stop the import tax of 45% we dont have industries or oil ..so importtax is a nice cash cow for this goverment .. thats why every thing is exspensive
The power increases 😢We now got no load sheddding but eskom wants more 😮!
Its so hard to keep the lights on for the month !!!
And now food inflation is killing us as well 😭😭😭plus high billing and less on pre paid !!
Yes stop all none paying tugs 🎉
I’m all for paying more as long as we get better more reliable service and in the long run prices start coming down but we know for sure that the price hikes are due to mismanagement over 30 years and inefficiency along with a great big dollop of incompetence! This is what happens when you vote with your feelings instead of your head.
Standard bank advert genius!! Wonderful!!
Makes the inflation rate of 4.6% look highly unlikely.
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