Water, electricity tariffs go up
Wednesday, February 15, 2017
Land Management, Water and Sanitation Services minister, Prince Maele told Parliament on Monday that potable water tariffs will increase by 25% for government and 15% for domestic and business effective from April 1, 2017.
The last time the government reviewed water tariffs was in 2013 when they were increased by 15%, following an increase of 10% in 2012.
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...