Attorney Michael de Broglio on: South Africa, Law, Politics, Attorneys, Sport, Photography, Technology, Gadgets, Media, Crime, Road Accidents Fund,
Divorce, Maintenance, Personal Injury, Medical Negligence
I see that NERSA has announced that the power increases for the next three years are going to be 24,8%, 25,1% and then 25,9%. That is going to be a huge cost on business and individuals and is certainly going to lead to a much more inflationary environment. The bottom line is, everybody is going to have to price in much more expensive electricity into their business models. The adverts always go on about investing and the wonders of compound interest. Well, imagine the nett effect of those increases by the third year.
Johannesburg based attorney specializing in personal injury matters including Road Accident Fund claims and medical negligence matters. My interests include golf, reading and the internet and the way it is constantly developing. I have a passion for life and a desire for less stress!
