The 81 cents a litre petrol price hike, announced by the energy department on Friday, is bad news for the agriculture sector and could affect food security in the country, the Transvaal Agricultural Union (TAU SA) said.
Tau SA president Louis Meintjes, said the fuel price rise, the budget...
"ESKOM is at least 15 years away from instituting inflation-cost tariff increases, as the power utility says it needs 16% increases for the next five years, followed by a similar period of 20% increases with a final five years of 9% increases.
Eskom chief financial officer Paul O’Flaherty...
Eskom mulling tariff increases
Eskom is mulling the wisdom of demanding tariff increases that will make the electricity price fully cost-reflective in five years, the utility said on Tuesday.
http://www.ewn.co.za/articleprog.aspx?id=63605
The government doesn't want to subsidise the taxi industry because they don't want to be accused of running those death traps! :D