‘Proposed 60% Escom power hike will hurt economy’ | The Times Group: If you are using K20 000 on electricity, the proposed 53 percent hike would see you spending above K30 000 from September this year, says Malawi Confederation of Chambers of Commerce and Industry (MCCCI).
MCCCI Chief Executive Officer, Chancellor Kaferapanjira, warned that the proposed 60 percent tariff hike by Electricity Supply Corporation of Malawi (Escom) over the next five years will crash the economy.
MCCCI Chief Executive Officer, Chancellor Kaferapanjira, warned that the proposed 60 percent tariff hike by Electricity Supply Corporation of Malawi (Escom) over the next five years will crash the economy.
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