Eskom increased prices so much that revenue rose 118% despite it selling less electricity

[Declan Thompson]

Eskom increased prices so much that revenue rose 118% despite it selling less electricity

Eskom sold less electricity in 2026 than it did 10 years ago, but its revenue from the sale of electricity has risen 118% during that time due to large tariff increases.

 

[Hemi300c]

To pay for their ridiculous salaries.

 

[Scooby_Doo]

To pay for their ridiculous salaries.

Salaries, corruption, inefficiencies, monopoly, BEE.

Basically everything that is wrong with SA promoted by the ANC.

 

[Brian_G]

But next week half the forum will believe their next-announced "accomplishments".

Maybe we deserve them

 

[Flanders]

Yeah, we'd noticed, believe it or not.

 

[Bad Ballie]

Many are already buying into the Electricity will get cheaper fallacy as well.