Govt reluctant to hike power tariffs

FINANCE Minister, Mthuli Ncube says government is reluctant to hike power tariffs, but it may consider a commodity linked tariff for mines.

Appearing before the parliamentary committee on Budget and Finance, Ncube told legislators that a tariff increase was highly untenable in the current environment and would only add to inflationary pressures.

“The pressure from Zesa has been to increase the tariff but we have been reluctant to do that.

This story is for NewsDay subscribers.