Task team to mull how preferential electricity tariffs can help industry
Trade and Industry Minister Rob Davies says support will cover current, brownfield and greenfield investments
The government will set up a task team to investigate how industry can benefit from preferential electricity tariffs in the light of Eskom’s current overcapacity. Trade and Industry Minister Rob Davies said in Parliament this week that the task team would decide on the agreed criteria to be used to identify and prioritise the industries and Eskom’s direct customers that could receive the preferential support. "The envisaged support will cover current, brownfield and greenfield investments, prioritised on the basis of number of jobs to be retained and/or created as well as economic multiplier effects within value chains," the minister said in a reply to a parliamentary question by ANC MP Tozama Mantashe. The task team would also engage with the Treasury, the South African Local Government Association (Salga) and the Department of Co-operative Governance and Traditional Affairs on the determination of electricity tariffs in municipal areas. "Eskom has recently indicated possible exces...
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