101% electricity price hike for South Africa

101% electricity price hike for South Africa

Cumulative electricity price inflation in South Africa hit 101% by July 2026, far exceeding the 35% increase in overall consumer prices since 2020.According to the Competition Commission, this highlights a disproportionate contribution of electricity costs to household expenditure, exacerbating the cost of living crisis in the country.

📰 Original Source Attribution

Reported by businesstech.co.za.

Read Original Report at businesstech.co.za ↗
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