South African households soon to be paying for some of the most expensive electricity in the world

SHOOT: Skande.

clipped from www.fin24.com South African households would be paying for some of the most expensive electricity in the world. The bigger bill would have a direct effect on already depressed consumer spending. "Consumers are more of a worry," said Badminton. "The big thing is for government to speak to Eskom. Understandably they need an increase but there must be a more palatable way of doing it, perhaps increases over 10 years." What Badminton didn't say - but would happen if the 45% a year increases come through - was that part of the burden would be passed on to shoppers in the form of higher food inflation.