High Court judgment limits diesel refund claims for mining activities
High Court judgment limits diesel refund claims for mining activities

The recent High Court judgment Graspan Colliery v The Commissioner for the South African Revenue Services [2020] could have significant implications for mining operators and their ability to claim diesel refunds. The judgment dealt with the interpretation of Note 6(f)(iii) to Schedule 6 of the Customs and Excise Act, 1964 and the limitations with regard to what activities constitute primary production activities in mining, for the purposes of claiming diesel refunds.

By Prenisha Govender 18 hours ago

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REDZ and their role in a just energy transition

Renewable Energy Development Zones (REDZ) have a key role to play in the South Africa's just energy transition, creating priority areas for investment in the electricity grid and increasing South Africa's green energy map, by enabling higher levels of renewable power penetration.

18 hours ago

Brian Molefe, former Eskom CEO. Image: Twitter
Molefe blames Glencore, Ramaphosa for Eskom's downfall

Former Eskom CEO, Brian Molefe, blamed Glencore and President Cyril Ramaphosa for the downfall of the country's power utility in his statement at the Zondo commission of inquiry into state capture.

22 hours ago

Tygue Theron, head of business development, Energy Partners Intelligence
#BizTrends2021: Sustainable energy evolution opens opportunities for SA businesses

There were a a number of significant developments in the local energy space in 2020 and, while this sector generally tends to shift relatively slowly, 2021 is likely to bring with it some of the most progressive changes in South Africa's energy arena.

By Tygue Theron 14 Jan 2021

BREAKING l Stage 2 load shedding from noon today till 11pm Sunday
BREAKING l Stage 2 load shedding from noon today till 11pm Sunday

Eskom has announced that stage 2 load shedding will start today at 12pm and will continue until 11 pm on Sunday.

14 Jan 2021

Simon Webber, lead portfolio manager, Schroders
Why everyone is talking about hydrogen

Renewable energy can and will decarbonise power generation. Renewable energy and batteries can and will decarbonise the automotive sector. But these technologies will not be as viable for aviation, shipping, commercial vehicles, steel or fertiliser manufacturing. In all of these vital industries it looks as though hydrogen will be needed, or at least that hydrogen will be one of the most viable solutions, for decarbonisation.

By Simon Webber 13 Jan 2021

Angola's focus on local content in oil & gas sector
Angola's focus on local content in oil & gas sector

For decades, many of Africa's oil- and gas-producing states followed a predictable pattern. They treated their oil and gas primarily as raw materials that could be sold abroad for a quick profit, rather than as a means of supporting efforts to make more lasting changes in the economy of the nation as a whole.

NJ AyukBy NJ Ayuk 12 Jan 2021

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