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Andy Burnham named to lead new UK government
Reports indicate that Ledik, one of South Africa's largest electricity providers, plans to raise electricity prices by up to 9% in the upcoming fiscal year, in order to cover maintenance costs and investments in the power grid. This comes amid concerns about the impact of the increase on consumers and the local economy, especially given rising inflation rates and low energy demand. The regulatory commission anticipates the increase will reach 9.02%. This move follows the accumulation of the company's debt, which has reached 145 billion rand, highlighting the challenges facing the country's electricity network.
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