Nelson Mandela Bay Business Chamber sounds alarm on 11% electricity tariff hike

The Nelson Mandela Bay (NMB) Business Chamber is “very concerned” about the 11% average increase in electricity tariffs proposed by the metro council. CEO Denise van Huyssteen says the proposed double-digit increase comes at a time when local business faces several headwinds, including massive fuel price hikes, escalating logistics costs, high import volumes into South Africa, and a lack of municipal infrastructure maintenance.