Business says Eskom tariff hike not justifiable

State-owned power utility Eskom’s bid for above-inflation tariff increases is not justifiable nor sustainable in the current climate, Business Unity South Africa (Busa) said amid ongoing hearings into Eskom's application for a 19.9% hike from April 1. The pursuit of higher revenues without first examining its business model will just add further strain to an economy that was already under stress and will severely impact on inflation and employment.