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Harmony Gold gets tax incentive for energy savings at Tshepong mine

Energy Incentive

Creamer Media Deputy Editor: Features
Gold producer Harmony Gold Mining Company (Harmony) has received a Section 12L tax incentive for energy savings achieved on the compressors of the miner’s Tshepong gold mine in the Free State. Section 12L of the Income Tax Act incentivises businesses to save energy through a tax allowance of 95c for every kilowatt hour saved. The verified and measured energy efficiency saving must be over a continuous period of 12 months, which is known as the implementation and assessment period and is ...

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