Jozi residents brace yourselves for water and electricity tariff hikes.
The City of Johannesburg is still balancing its budget for the year but city officials say 76% of their budget has to come from revenue the city raises.
Speaking to Joanne Joseph, EWN reporter Gia Nicolaides said electricity will rise by 7% starting from the 1 July.
The reasons for this is largely a pass-through cost based on the application by Nersa. This is because of Eskom's increase of 6.8%.— Gia Nicolaides, EWN Reporter
At the same time, City Power has been given a R1 billion budget - 25% more than last year - to deal with a number of issues in the city.
Nicolaides added that water, sewerage and sanitation will go up by 14.2%.
Refuse tariffs will also go up by an average of 6.8% and this is all for the new 2018/2019 financial year.— Gia Nicolaides, EWN Reporter
Listen below to the full interview:
This article first appeared on 702 : Joburg residents to pay higher tariffs from July