Legally, SA’s energy regulator, Nersa, is obliged to approve annual electricity increases, but the method that the regulator uses to do this ‘does not comply with legislation’, an advocate for two business chambers argues.
We do so in a complex economic, social, and political world in which:
Geopolitical tensions and war prevail and have resulted in the shocking rise in energy prices (oil, gas, and now renewables), as well as a rise in food prices and other costs of living.