Eskom's proposed tariff hikes risk making mining unsustainable — minerals council

  • 📰 mailandguardian
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 92%

South Africa Headlines News

South Africa Latest News,South Africa Headlines

Granting Eskom the type of tariff hikes it is requesting from the National Energy Regulator over the next few years risks making mining in the country unsustainable, according to the chief executive of the Minerals Council of South Africa.

Source: Loan Digest (loandigest.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

15% Eskom tariff hike could wipe out 150 000 mining jobs | IOL Business ReportMinerals Council SA warns that the industry could lose 150 000 jobs if the Nersa granted Eskom the 15 percent annual tariff hike for three years. busrep Wow Eskom must retrieve money went to looting vs corruption and leave alone...
Source: IOL - 🏆 46. / 51 Read more »

Mashaba to meet business leaders on proposed 15% Eskom tariff hike | IOL NewsJohannesburg Mayor Herman Mashaba will meet the business community to discuss the likely impact of a proposed 15% annual tariff increase by Eskom.
Source: IOL - 🏆 46. / 51 Read more »

Nersa to resume public hearings on Eskom tariff increase applicationEskom has asked the energy regulator for a 15% annual tariff increase for three consecutive years.
Source: ewnupdates - 🏆 30. / 53 Read more »

Eskom tariff hikes will nuke gold, platinum industry, warns Minerals CouncilSA could lose all but one of its gold mines and shed 150,000 jobs if Eskom is allowed to charge a 15%/year tariff increase over three years Sorry but gold industry already nuked
Source: BDliveSA - 🏆 12. / 63 Read more »

Eskom's proposed tariff hikes risk making mining unsustainable – CEO of Minerals CouncilGranting Eskom the type of tariff hikes it is requesting from the National Energy Regulator over the next few years risks making mining in the country unsustainable, the CEO of the Minerals Council of SA has said.
Source: News24 - 🏆 4. / 80 Read more »

Eskom's proposed price hikes could leave SA with just one gold mineSA’s gold industry will be destroyed if Eskom gets the green light for annual increases of 15% over the next three years, says the Minerals Council SA. Lesufi EFF can someone now fight for the millions is south Africans being forced to pay Eskom hikes when the big crooks stole and wasted money
Source: TimesLIVE - 🏆 28. / 59 Read more »

Eskom tariff hike a plea for more money to steal – Herman MashabaWhile various sectors of society have signaled that the 15% tariff hike would be unaffordable, Eskom has said its financial situation has forced its hand. Fin24 Nnete feela Fin24 You let the Gupta's rip you are apart now what?🤷 Fin24 It is a recovery plan for the monies that were misappropriated through corruption
Source: News24 - 🏆 4. / 80 Read more »

#Eskom tariff increases will impose unbearable burden on poor, says DA | IOL NewsThe 15% tariff increase over three years requested by Eskom will raise the cost of living for the poor to unbearable levels if granted, the DA said. They don’t pay anyway so the burden will go to the middle class!!
Source: IOL - 🏆 46. / 51 Read more »

Eskom tariff plans will destroy gold mining, warns Minerals Council SASA could lose all but one of its gold mines and shed 150,000 jobs if Eskom is allowed to charge a 15%/year tariff increase over three years
Source: BDliveSA - 🏆 12. / 63 Read more »

Eskom’s future needs to be decided within a month, says Pravin GordhanRecommendations include splitting Eskom into three separate state-owned companies dealing with generation, transmission and distribution There goes Eskom Who would have guessed? Why the rush? Leave it to the incoming minister
Source: TimesLIVE - 🏆 28. / 59 Read more »

Collapsed Eskom line electrocutes animals in Kruger Park
Source: TheCitizen_News - 🏆 6. / 75 Read more »