Carbon Tax Q&A with ITTCC/EIUG

  The following Q&A was conducted by Tony Carnie, as research for an article for the JSE. Questions were provided and ITTCC/EIUG responses are below. Q1. Overall, what is the standpoint of the EIUG/ITTCC on the proposal to introduce a new Carbon Tax from January 1, as a mechanism to reduce greenhouse gas emissions? If the [...]

By |2018-07-10T10:56:06+00:00June 14th, 2018|News|Comments Off on Carbon Tax Q&A with ITTCC/EIUG

Outa files complaint against Eskom with CompCom

Alleging anti-competitive behaviour and abuse of dominant market position. Wayne Duvenage, chairman of the Organisation Undoing Tax Abuse (Outa), says that on 17 February, Outa lodged a formal complaint, evidence and detailed submission to the Competition Commission (CompCom), alleging anti-competitive behaviour and abuse of dominant market position by Eskom, the national electricity utility of South [...]

By |2017-04-03T12:48:43+00:00April 3rd, 2017|News|Comments Off on Outa files complaint against Eskom with CompCom

Eskom 2016/17 borrowings up 46%

‘Lower savings, tariff increases.’ PRETORIA – Eskom increased its planned borrowings in 2016/17 dramatically by R21.7 billion to R68.5 billion, not because it accelerated its new build programme, but due to lower net savings than earlier anticipated and lower than expected tariffs during the current tariff period that ends on March 31, 2018. This was [...]

By |2017-04-03T12:44:39+00:00April 3rd, 2017|News|Comments Off on Eskom 2016/17 borrowings up 46%

Eskom board has 90 days to investigate acting CEO

It's been given 90 days to probe Matshela Koko's liability, after a company -- Impulse International -- was awarded tenders worth around R1-billion. One of the board members at Impulse International is related to Koko -- his 27-year-old stepdaughter, Koketso Choma. Koko says he didn't know she was a director at Impulse International, even though [...]

By |2018-07-10T06:44:08+00:00August 19th, 2016|News|0 Comments