Voice of America: South African Restaurants Hurt by Climbing Electricity Prices

Voice of America Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries

South African Restaurants Hurt by Climbing Electricity Prices Sep 20th 2012, 13:55 South Africa's historically low electricity prices have increased dramatically over the last four years, and are expected to continue to do so over the next five.  For those in the restaurant business, it means lower profit margins, rising prices and layoffs.  The lifeblood of a restaurant is in the kitchen.  Inside that backroom, stoves are constantly burning, ovens baking and dishwashers cleaning. In terms of electricity, the meter is always spinning upward and costs are ... Media files: 771F0566-20EB-4E92-873B-A6A9B48E5C4A_cx0_cy5_cw0_w800_r1.jpg?nocache=1 (image/jpeg, 0 MB)

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