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Mines will bleed jobs if Eskom gets its 15% increase

Minerals Council paints dire picture at Nersa hearing.
Protestors call for a just transition to sustainable energy outside the Soweto Theatre where Nersa held its public hearing into Eskom's application for a 15% annual tariff increase for the next three years. Picture: Moneyweb

Minerals Council of South Africa chief economist Henk Langenhoven on Friday told energy regulator Nersa that the 15% annual tariff increase Eskom has applied for over the next three years would have a devastating impact on the mining industry. 

Moneyweb spoke to him after his presentation:

Read: Eskom tariff increases will put mining jobs at risk

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