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21 Jun
01:00

South Africa steel body says proposed electricity price hike would 'cripple' industry

The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has called on the National Energy Regulator of South Africa (Nersa) not to hike electricity prices by 25.3%, saying the move would “cripple” the country’s metals and engineering sector. South African power provider Eskom has requested the tariff increase from Nersa, but Seifsa has urged the regulator to decline to request. “The metals and engineering sector ha…
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