In 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.
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.
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.
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.
Read more »
MARKET WRAP: Rand weakens most in two month while JSE follows global bourses firmerThe rand continues to face numerous risks, including ongoing load-shedding
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.
Read more »