It is well reported that South Africa has gone through, and is going through, a number of crises regarding the dependability of supply of electricity and water. This is resulting in abnormal rises in the cost of electricity and water.
Past and present political interference halted or delayed development and implementation of long term strategies to ensure reliable electricity supplies, resulting in power blackouts due to inadequate supply. Furthermore, the need to “catch up quickly” has caused the enforcement of highly inflationary price increases of between 25 and 30% per annum for at least the next four years. (more…)