Eskom hike slammed

THE Steel and Engineering Industries Federation of South Africa yesterday criticised the possibility of a 40percent tariff increase by Eskom next year.

THE Steel and Engineering Industries Federation of South Africa yesterday criticised the possibility of a 40percent tariff increase by Eskom next year.

"Large-scale price increases impact heavily on Seifsa's members, especially in these difficult economic times," said Seifsa energy regulatory consultant Guy Harris.

He called for a transparent process in which all stakeholders were consulted.

Eskom appeared to be flouting the basic laws of business, said Harris. - Sapa

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