n Local Government Bulletin - Eskom's shocker - disastrous implications for local government
|Article Title||Eskom's shocker - disastrous implications for local government|
|© Publisher:||Dullah Omar Institute|
|Journal||Local Government Bulletin|
|Author||Kevin Allen and Karen Heese|
|Publication Date||Oct 2009|
South Africa has been in shock (pun intended!) since Eskom announced its outrageous plans to increase tariffs by more than 200% over the next three years. While economists, consumer bodies and Cosatu were quick, and correct, to warn of the dire pressures that this would put on consumers, small businesses, the inflation index and, by implication, interest rate decisions, few seem to have considered how it could fundamentally undermine the viability of local government.
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