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South Africans are facing increasing electricity prices primarily due to rising operational costs for state-owned utility Eskom, which has struggled with aging infrastructure, maintenance challenges, and financial mismanagement. The country has also experienced a reliance on expensive energy sources and the need for investment in renewable energy to meet growing demand. Additionally, inflation and currency fluctuations contribute to higher costs for consumers. These factors collectively lead to regular tariff hikes, impacting household budgets.

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2w ago

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