Maseru, Mar.21 — On the April 01, the Lesotho Electricity Company (LEC) will increase tariffs affecting both e energy and maximum demand, with a 9.6286 percent rise for all customer categories and a 5.0 percent increase in the lifeline tariff.
This development has sparked concerns among business owners in Lesotho, shedding light on the broader economic challenges faced by the local community.
In an interview with the agency, Exact admin controller, Mrs. ‘Mahlompho Phatsoane expressed worries about the impact of this tariff raising on businesses.
She also highlighted the unavoidable hardship due to the inflation of electricity bills, foreseeing difficulties as their shop prices cannot be raised to balance these increased costs, ultimately affecting their business sustainability.
