Cabon levy on power consumers

Its time to start paying a Carbon Levy on South Africa's electricity production. The article from Business Report mentions that the levy could be 2c per Kilowatt.

The organization Seifsa, which represents up to 2,700 companies, wants the carbon levy deferred. They are saying that since we have no choice in where we are getting electricity from, this tax is unfair. 90% of SA's electricity comes from burning fossil fuels.

Eskom annnounce that there is no Loadshedding

I read this article on IOL.

The good news for businesses and consumers alike is that the stockpiles of coal have improved and that there has been no deliberate power cuts since May 2008.

Furthermore Eskom are planning on spending R46 Billion this financial year to improve infrastructure.