Eskom's proposed tariff hike of 25.3% could have very serious consequences for the already indebted South African consumer, who experts say will not be able to absorb the increase. Debt expert Neil Roets joins us over Skype to shed more light on the subject. Watch.
In this video Neil gives advice to indebted consumers who may have to include an electricity tariff hike into their budget. We also ask Neil if there are alternatives Eskom may consider without stinging the consumer.
Eskom could earn nearly R40bn if the National Energy Regulator of South Africa (Nersa) approves the application.
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