Of course, we have also seen a rise in the cost of electricity as subsidies were removed and more thermal generation became necessary owing to the drought. As this cost of fuel used is passed to the consumer, just the same way you pay the cost of fuel for a hired car, the bill will reflect a spike in fuel cost. Despite the increased cost, removing subsidies is the right move. The subsidies that were put on electricity made electricity appear cheap, but they only shifted the cost away from the bills to your taxes. I challenge readers to sum up their monthly cost of telecommunications services and compare it with their cost of electricity.

Source: Daily Nation January 11, 2023 02:00 UTC