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Posted

 

 

How the #@%^ can the man in the street ie you and me' date=' afford a 31.3% increase in electricity !!

 

Of course there are special agreements with big businesses so that doesn't affect them. Also PD communities will only be getting a 15% odd increase.

[/quote']

 

Cuz 80% of the population dont pay for their electricity, therefore we have to make up for it.

 

Eskom hike 'unacceptable'

2009/06/25 02:27:00 PM

Sikonathi Mantshantsha

Johannesburg

- Trade union Cosatu has said the 31.3% electricity tariff hike granted

to power utility Eskom is "totally unacceptable" and unwarranted as it

is almost four times the inflation rate.

 

"Cosatu strongly condemns this hike; it is a face-saving

measure by Nersa (the National Energy Regulator of SA) to show it is

independent," Cosatu spokesperson Patrick Craven told Fin24.com after

the announcement on Thursday. "It's going to affect the poor the most."

 

Craven said the union will use Nedlac structures to argue for a

special tax "on the rich" to pay for Eskom's infrastructure investment.

"The tariff hike will have a negative impact on inflation and will no

doubt make the recession worse, as small businesses cannot afford it,"

said Craven.

 

Brait economist Colin Garrow agreed that with the power price hike inflation is "not going to come down fast".

 

 

He said: "The electricity tariff hike goes straight to the inflation

basket. Electricity is one of those administered prices that will weigh

against the inflation outlook.

 

"Beyond today [Thursday's interest rate announcement], the appetite to cut interest rates will be weaker."

 

 

The rate hike will take away consumers' buying power and delay a

recovery in expenditure, said Monale Ratsoma, economist at Thebe

Securities.

 

"You are dealing with households that are already under pressure, and

then you add another burden on already tight budgets. That is where the

pain is." Ratsoma said the hike will contribute to a delay in economic

recovery as job losses are still expected to rise.

 

 

Eskom had applied for 34% hike to fund a R385bn capital expenditure for electricity generation.

 

 

- Fin24.com

 

 

http://www.fin24.com/articles/default/display_article.aspx?ArticleId=1518-25_2533099

Jackes17542009-06-25 06:49:51

Posted
...and at least you have a job.

 

Clap

 

 

Thanks fruity! Embarrassed

 

 

Pleasure dirty Wink

 

Oh you two get a room

 

 

In my wildest dreams Embarrassed
Posted

What about Judge Nkola Motata being acquitted of excessive alcohol consumption !!

 

What do they classify as excessive alcohol consumption ? Isn't being totally inebriated, writing-off your car and a wall or two grounds for excessive alcohol consumption ??

 

Let Joe Soap put up the fight that our esteemed Judge has and I'm sure he'd be charged with defeating the ends of justice !

 

Posted

 

**** all' date=' and I mean ALL, call centres!!!!!!!!!!!!!!!

 

Thanks Thug all vented now!
[/quote']

 

And all voice recorded telephone pad selection businesses

 

Posted

 

F%&k Eskom for the well timed power failure this morning. WashingMachine machine was on and tripped the power 3 times in a row when the power came back on. Aaaaagh!!!

 

I feel much better now.

 

Nanosec Nialls2009-06-25 08:32:33

Posted
**** all' date=' and I mean ALL, call centres!!!!!!!!!!!!!!!

 

Thanks Thug all vented now!
[/quote']

And all voice recorded telephone pad selection businesses
Amen!
Posted

 

**** all' date=' and I mean ALL, call centres!!!!!!!!!!!!!!!

 

Thanks Thug all vented now!
[/quote']

 

And all voice recorded telephone pad selection businesses

Amen!

And all the Censored  on the other side of that calls that takes down your details and "will call you back"  of which I have 3 I am waiting for since monday...

 

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