Government’s hidden load-shedding windfall

Nothing about the decades-long mismanagement of Eskom is fair — not the sheltering of senior politicians from the full impact of load-shedding, nor the failure to hold all the post-1998 Eskom board members responsible. Also unfair is that businesses that are now forced to rely on generators to keep their doors open are obliged to make a hefty contribution to state coffers with every litre of diesel they buy.

That contribution from all diesel consumers currently stands at R6.12/l. It’s made up of the general fuel levy of R3.94/l and the R2.18/l contribution to the Road Accident Fund . That means 37% of the price of every litre of diesel bought ends up in government coffers, including the chronically mismanaged RAF...

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.

After the Bell: Governments are capable of grand, successful ideas that knock your socks offThis simple truth is underscored by two remarkable examples from Australia and the US. Not to mention what the Hong Kong government has just done, which might point to a much better way to splurge R1-billion.
Source: dailymaverick - 🏆 3. / 84 Read more »

ISS TODAY OP-ED: Resolving political deadlock in Africa’s Great Lakes region requires greater cooperation between governmentsThe DRC, its neighbours, the AU and the international community have failed to translate military victory into political success. The West's blind support of Kagame is the major destabilizing factor in that part of the continent!
Source: dailymaverick - 🏆 3. / 84 Read more »

Sever load-shedding a growing threat to South Africa's food securityThe food security risk from severe load-shedding is evident across South Africa’s agricultural sector and the broader food, fibre and beverages value chain, writes WandileSihlobo. WandileSihlobo Make him Pres!
Source: SundayTimesZA - 🏆 47. / 51 Read more »

Government’s hidden load-shedding windfallIn the face of continuous and severe load-shedding, companies have been forced to power up generators to keep their doors open. The government makes a pretty penny on every litre of diesel they buy. And offers no form of rebate on those purchases.
Source: FinancialMail - 🏆 20. / 63 Read more »

Government’s hidden load-shedding windfallIn the face of continuous and severe load-shedding, companies have been forced to power up generators to keep their doors open. The government makes a pretty penny on every litre of diesel they buy. And offers no form of rebate on those purchases.
Source: FinancialMail - 🏆 20. / 63 Read more »

Government’s hidden load-shedding windfallIn the face of continuous and severe load-shedding, companies have been forced to power up generators to keep their doors open. The government makes a pretty penny on every litre of diesel they buy. And offers no form of rebate on those purchases.
Source: FinancialMail - 🏆 20. / 63 Read more »