I struggle to find another area of the economy where the phrase “cost reflective tariff” is used. For the vast majority of goods and services produced and consumed in the economy, we simply refer to this as prices. The term “cost reflective tariff” implies a third party intervention. Is it a mere coincidence that where such third party intervention is so entrenched, our nation also has a catastrophic crisis?
🚨#FiZ_QuickTake 🚨
Ms. Shaakira Karolia, Head of Strategic Initiatives and International Partnerships at the South African Ministry of Energy, shares her insightful #QuickTake on the crucial role of Cost-Reflective Tariffs in energy projects.
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