101% electricity price hike for South Africa
- Electricity price inflation in South Africa hit 101% by July 2026, far exceeding the 35% increase in overall consumer prices since 2020.
- The Competition Commission's latest Cost of Living Report tracks the short-term and long-term cumulative inflation trends from 2020 to July 2026, highlighting a disproportionate contribution of electricity costs to household expenditure.
- Eskom chair Mteto Nyati stated that the utility will not reinvest its R30 billion profit toward price relief, instead opting to reinvest it in the company.
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