Business · South Africa
Flood Risks Rise, Eskom Pricing Under Scrutiny, and Hospitality Skills Shift
Moneyweb · 2026/01/23
Summary
South Africa's Lowveld region is facing increased risks of flooding and dam overflow due to heavy rains. Authorities and residents are advised to stay alert to potential dangers. Meanwhile, an advocacy group has called on the government to address Eskom's troubled pricing model, which many believe is causing financial strain for consumers and businesses. This call highlights the need for fairer electricity pricing to help reduce household and operational costs. Additionally, the hospitality sector is experiencing changes as new skills become important for workers, driven by evolving industry demands and technology. These developments suggest a shift in how businesses and employees must adapt to future challenges in South Africa's economy.
OnABudget takeaway: Consumers should prepare for possible electricity price changes that could affect monthly bills, while small business owners in hospitality need to invest in new skills to stay competitive. Flood risks also mean homeowners must consider safety and insurance precautions.