Government Announces Tariff Relief To Support Energy Intensive Smelting Industry
Written by: BizCommunity Editor Save to Instapaper
View of South African utility Eskom's electricity pylons during dawn. Image credit: Reuters/Siphiwe Sibeko/File Photo
The new tariff will see Samancor Chrome and Glencore's joint venture with Merafe Resources paying 62c per kilowatt hour, from an interim tariff of 87.74c per kilowatt hour approved by the National Energy Regulator of South Africa (Nersa) in January.
South Africa's smelting sector has been devastated by high electricity costs, which have surged by more than 900% since 2008 and forced dozens of smelters to shut down.
The Minister of Electricity and Energy, Kgosientsho Ramokgopa, said while the initial relief was for the two smelting operations, which had started procedures to cut thousands of jobs, the government was also considering broader power tariff relief for the rest of the sector.
Get new press articles by email
We submit and automate press releases distribution for a range of clients. Our platform brings in automation to 5 social media platforms with engaging hashtags. Our new platform The Pulse, allows premium PR Agencies to have access to our newsletter subscribers.
Latest from
- South Africa Launches Comprehensive AI Policy Built On Ethics Innovation And Inclusive Development
- White Star Launches Real Homemakers Initiative To Celebrate Caregivers And Community Champions
- Angola Oil And Gas Conference Returns As Sector Enters New Phase Of Growth And Investment
- Investment Conference Delivers Record Commitments To Fuel Growth Jobs And Economic Recovery
- Brazil Africa Energy Nexus Emerges As Key Driver Of Offshore Investment And Project Delivery
- Standard Bank And National Arts Festival Announce 2026 Young Artist Award Winners
- Air Cargo Demand Climbs Sharply In February As Industry Navigates Fuel Costs And Conflict Risks
- CFAO South Africa Reports Resilient Performance Through Diversification And Cost Focused Strategy
- Caribbean Energy Week Brings Leaders Together To Advance Oil Projects Renewables And Regional Growth
- Pantry Introduces Enhanced Pop Up Experience In Sandton With Focus On Quality And Convenience
- TotalEnergies Invests In West Coast Entrepreneurs Through Training Mentorship And Enterprise Support
- GIBS Highlights Importance Of Human Centred Leadership In Times Of Uncertainty And Change
- Sars Delivers Above Target Revenue Performance Amid Tough Economic And Global Conditions
- Industry Warns Of Growing Illicit Alcohol Trade Amid Rising Costs And Easter Demand Surge
- Khoi Tech Leads Innovation In Africa With Locally Developed Wearables And Integrated Health Platforms
The Pulse Latest Articles
- Bright Beginnings Preschool Celebrates Linden Campus (April 2, 2026)
- Female Founders Announce Launch Of South Africa’s Premium Brand Advisory Firm: Aura (April 2, 2026)
- Ai Fraud Defence Launches In South Africa As Deepfakes Hit Financial Institutions (April 1, 2026)
- Influencers Share Their Favourite Holiday Games (March 26, 2026)
- Procurement Can Buy Pr. It Cannot Buy Judgement. (March 25, 2026)