US EditionElectricity hike to impact on small businesses
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Electricity hike to impact on small businesses
Small businesses are facing a serious setback, with the City of Johannesburg proposing to raise electricity charges by up to 53% starting in July. Under the proposed hikes, prepaid electricity surcharges will increase from R200 to R270 per month, while the network capacity fee will climb from R130 to R200. The increases, which form part of Johannesburg’s 2025/26 budget, are sparking fears that SMMEs that are already struggling to survive may be …
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