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Eskom Tariff Hike: A Looming Financial Crisis for South Africans

Eskom Tariff Hike: A Looming Financial Crisis for South Africans

admin by admin
October 14, 2024
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In a current SABC Information interview, Annaline van der Poel, Chief Working Officer at Debt Rescue, discusses the extreme penalties of Eskom’s proposed 30.6% tariff enhance. With the already overwhelming price of dwelling, this hike could possibly be a devastating blow for thousands and thousands of South Africans who’re struggling to make ends meet. 

Enhance in Debt Counselling

Van der Poel additionally discusses the rising demand for debt counselling companies, as extra customers search assist to handle their mounting monetary challenges. 

Two-Pot Pension

In direction of the tip of the interview, van der Poel explores the brand new Two-Pot Pension System, which was designed to supply a approach for staff to entry a portion of their financial savings to settle money owed.  She cautions that whereas it might seem to be an answer, it won’t present the numerous reduction that many hope for. 

Watch the Interview

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Tags: AfricansCrisisEskomFinancialHikeLoomingSouthTariff
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