We never learn from the past.....

[barry_1]

for example Tito speaks about the reserve bank putting up the bank rate by 2%,then comes the anti-climax of half percent,which was probably the intention all along! Eskom asks for a 61% hike and then we get 13% and we all sigh with relief,they probably did not intend increasing it more that what we are now getting.Easy to be led by the nose here!...Whilst on another subject,AMAZON now refuses to deliver items bought from them because of massive fraud in the South African post office.Same goes for Nigeria.Next thing our do -gooders will be lecturing them on how not to have phobias of foreigners!

[barry_1]

should be good news for coal shares!

[louisg]

This tactic is used often. They scare the hell out of the public with the 61% proposed increase, then allow the public to be grateful that it is only 13,3% (lets not forget about the other 14.2%). They (NERSA) are now seen as heroes. Big brother tactics.