Lost Revenue: SA’s Power Crisis Hits April Mining Production Where it Hurts (IOL)

The ongoing energy crisis in South Africa could cost the country billions of rand in lost tax revenue from the currently lucrative mining industry as production slows in spite of elevated commodity prices.

This comes as the mining industry is battling delays in exporting commodities due to logistical challenges following a force majeure by Transnet due to legal proceedings and vandalism on its railway lines. READ MORE

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