seifsa

Eskom's proposed 25% electricity price hike, if approved, will further cripple the already bleeding South African economy, the Steel and Engineering Industries Federation of Southern Africa (Seifsa) said on Tuesday. "The metals and engineering sector has been struggling for more than five years, owing to fierce import competition from Asian economies, industrial action, increasing production costs and power outages, among other factors," its chief economist Henk Langenhoven said in a … [Read more...] about Seifsa says proposed 25% electricity tariff hike will cripple SA