The Minerals Council of South Africa on Thursday warned that the country could lose up to 150,000 jobs, if state-owned electricity supplier Eskom is granted permission to increase electricity tariff by 15%. Eskom has asked government for a 15% tariff increase over three years. The group stressed that the tariff hike would also push down production to 20 tons from the current level of 140 tons a year. South Africa has struggled with power supply issues in recent years, as demand for electricity has increased. Eskom, which supplies the power to South Africa’s homes, workplaces and mines, is the seventh-largest electricity generator in the world.

Source: The North Africa Journal February 01, 2019 13:52 UTC