By Mandisi Tyulu
20 May 2009
The Reserve Bank Governor Tito Mboweni has proposed a "once-off tax" rather than a tariff hike to help Eskom build capacity.
Mboweni told a conference of the Road Freight Association in Vanderbijlpark that he was sure people would prefer a tax to tariff increases, as long as was once-off.
It is reported that while Mboweni said he agreed more power capacity was needed, he added a tariff hike would not benefit the industry.
Eskom has proposed to increase its tariffs by 34-percent this year. The utility said the increase was necessary to build capacity to satisfy South Africa's electricity demands.
Subscribe to:
Post Comments (Atom)
Increase in SA's mid-festive road fatalities
There has been an increase in mid-festive road fatalities , compared to 2023. Five hundred and twelve people died on South Africa's roa...
-
A man suspected of killing and raping a number of members of the farm worker community in Philippi on the Cape Flats appears in a Cape Town ...
-
''Human behaviour is the main cause of wildfires.'' These remarks were made by the Western Cape’s Local Government, Environm...
No comments:
Post a Comment