Madam Deputy Speaker, the energy crisis that turned our country upside down has stabilised to some extent as people strive to preserve energy. However, the cost of electricity is compromising many households and is challenging an already poverty-stricken South Africa.
The MF hopes that this loan made to Eskom shall sustain correcting the energy crisis and servicing our needs. The MF, however, wonders whether South Africans will be relieved from the exorbitant cost of electricity when this happens. We, in the first place, believe that the extra tariffs placed on citizens in energy cost should not have been an option in an already exhausted economy.
With all these, the MF supports the Eskom Subordinated Loan Special Appropriation Bill. Thank you, Madam.