Tag: electricity supply
Soaring inflation leaves SA employers with tough choices
South African businesses that have already planned their pay increases for 2022 have some tough decisions ahead of them. This is due to rocketing inflation, fuelled by global economic turbulence and local conditions, which is only expected to worsen over the rest of the year.
Is your building energy efficient?
The ongoing issues surrounding electricity supply in South Africa – not to mention climate-related discussions around the viability of the energy sector in general – has many businesses and building owners reconsidering whether those precious kWh units are going to waste unnecessarily.
An urgent need to develop a new SA listed equity benchmark
Following our recent announcement that we have joined the Net Zero Asset Managers Initiative, we have highlighted the urgent need for a tangible commitment by the local asset management industry through the establishment of a South Africa-centric low carbon and socially inclusive listed equity investment benchmark.
Africa can adopt renewable energy and save billions along the way
When it comes to building the future of energy in Africa, the decisions facing the continent’s leaders today are nothing less than of historical importance. More than anything else, energy systems are the very fabric of business and society.
Strong rebound, but growth momentum expected to slow
Real growth in GDP for the third quarter of 2020 surprised the market consensus to the upside in line with a further relaxation in lockdown restrictions on mobility and activity. Growth surged by 66.1% q/q saar in the quarter and exceeded the November 2020 Reuters Econometer median growth forecast of 34.6% q/q saar.
What will the energy utilities of the future look like?
Over the lockdown period, utilities have stepped up, keeping hospitals running and laptops charged. Energy has not been top of mind for consumers during the current pandemic, but in this new operating environment, we cannot ignore what may soon follow and must ensure we continue to work toward sustainable solutions.
GDP decline: COVID-19 growth slump hits the economy in Q2
Real GDP surprised the market consensus to the downside in the second quarter of 2020 as the effects of the pandemic and the associated lockdown measures ate into economic activity. Growth contracted by 51% q/q saar and printed lower than the August 2020 Reuters Econometer median growth forecast of 44.5% p/p saar.
SARB expected to hold interest rates steady
The South African Reserve Bank (SARB) Monetary Policy Committee (MPC) is meeting again - 21 July 2020 to 23 July 2020 - to discuss policy matters. The central bank lowered interest rates by a cumulative 275 basis points in the year so far, most recently making a 0.5 percentage point cut in lending rates on May 21.
HELE coal and nuclear power: rebuilding SA’s energy confidence
The industrial base of a country depends on a reliable supply of electricity and steel. Hence in the 1930s, South Africa developed both Eskom and Iscor, since then the economy has diversified considerably. While the industrial and mining base of the country remains dependent on reliable supplies of these primary products, the manufacturing industries, the secondary and mining sectors, in particular, also need to be developed through efficient labour and technical training.
Energy crisis – an act of treason?
Have members of the ruling party committed treason through bringing about the energy crisis? Whilst treason is broadly defined as ‘the crime of betraying one’s country’, what constitutes treason differs from country to country.
