SHOCKING BLUNDER OR CALCULATED THEFT? South Africa’s very own energy watchdog, Nersa, has been caught in a SCANDALOUS admission that will BLEED every household and business DRY. In a stunning confession of INCOMPETENCE, the regulator has just announced it made “errors” in its calculations, forcing YOU to pay a BRUTAL 8.76% electricity hike THIS APRIL—a MASSIVE jump from the previously announced 5.36%. This isn’t a mistake; it’s a BETRAYAL.
This so-called “error” hands the perpetually failing, state-captured Eskom BILLIONS more in revenue, despite the utility posting its FIRST PROFIT IN EIGHT YEARS. While citizens shiver in the dark during relentless load-shedding, the government’s solution is to PUNISH THE PUBLIC for its own catastrophic failures. Nersa’s claim that this “balances sustainability with affordability” is a MONSTROUS LIE designed to mask the systematic looting of a nation on its knees.
The High Court saw through this corrupt backroom settlement between Nersa and Eskom and threw it out, but the damage is DONE. The new, crippling tariffs are now being railroaded through. This is more than a regulatory failure; it’s a DECLARATION OF WAR on the South African taxpayer, proof that the powerful view your wallet as their personal bailout fund. The system isn’t broken—it’s working exactly as designed to enslave you to perpetual debt and darkness. When the lights go out next, remember: you’re paying MORE for the privilege.
Read: Eskom unbundling U-turn threatens to undo hard-won electricity gains
This is the final stage of the collapse: a government that can’t keep the lights on has now perfected the art of stealing from the dark. — (c) 2026 Reuters
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