Bad news for anyone who wants lower electricity prices in South Africa

• Electricity prices in South Africa are expected to continue rising, with a projected 6% annual hike through to 2050.
• The planned comprehensive overhaul of the energy sector aims to create a more competitive market and add transparency to energy prices.
• The sector transformation is intended to address structural weaknesses in the energy supply system, but Ramokgopa did not guarantee that it would lead to lower electricity prices.