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Minerals Council SA chief economist Henk Langenhoven spoke to Business Day TV about the future of coal mining in South Africa.
While the government urges coal miners to cut their prices to Eskom, and Eskom chair Jabu Mabuza exhorts them to put the country before their bottom lines, Eskom "should and could" be doing a lot more to save itself, says Minerals Council SA senior...
The Minerals Council South Africa has called for the implementation of the Carbon Tax to be delayed until all enabling regulations, and a legislative regime providing for a carbon budget, are in place.
If granted, the R66.6 billion increase which will be passed onto consumers will result in mine closures and will have a severely negative impact on other sectors that depend on the mining sector.
Ensuring that South Africa remains competitive and able to meet energy demands in the context of a developing economy, while at the same time reducing the country’s carbon emissions will require close collaboration between all stakeholders...
President Jacob Zuma says that transformation in the energy sector is paramount and international investors will have to partner with South Africans in the future.
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