Tag: load shedding

At the end of January, the National Energy Regulator of South Africa (NERSA) announced that Eskom can implement tariff increases of 12.7%, 5.36% and 6.19% over the next three financial years. This decision represents a significant downward adjustment from the 36.14%, 11.81% and 9.10% increases that Eskom originally requested.

Real-time financial insights have become crucial to both big and small businesses. Advancements in accounting software technology provide up-to-the-minute information. This innovation offers enhanced decision-making, better cash flow management, and greater financial accuracy.

Sometimes, it takes an outsider to allow South Africans to recognise that SA retail innovation is positive in their own country.

As South Africa assumes the presidency of the Global Group of 20 (G20) in December, it faces significant opportunities. The country is set to lead global discussions on sustainable energy and economic development for the Global South. "Just energy transition" and financing solutions for economic growth are the top priorities on South Africa’s G20 agenda. This highlights the need for innovative, resilient, and green technology solutions.

In Johannesburg, City Improvement Districts (CIDs) play a crucial role in urban development and management. These districts focus on collaboration. Property owners and tenants work together to tackle critical urban challenges. As a result, they enhance the quality of business environments.

In a welcome twist for South African businesses juggling cost pressures with environmental targets, sustainable hotels are emerging as an unexpected solution. Companies switching to green accommodation are discovering significant savings alongside meaningful reductions in their carbon footprint.

Let's face it: South Africa's power grid is not winning any awards for reliability. Our data centres are feeling the heat - and not in a good way. These digital powerhouses not only keep our online world spinning but are also fuelling the recent Artificial Intelligence (AI) revolution - yet their ever-expanding capabilities hinge on one critical requirement: an uninterrupted power supply.

It is no secret to everyday consumers and industry professionals that South Africa’s retail industry has faced many obstacles throughout the years. Between the rise in load shedding hours, the extended economic effects of the COVID-19 pandemic, poor infrastructure, inflation, constrained consumer spending and unemployment, SA’s retail giants have certainly had to overcome some tough challenges.

While South Africa has enjoyed an extended respite from load shedding this year, there are other compelling reasons to accelerate the transition to renewable energy. One of the reasons are that businesses and homeowners are concerned about Eskom’s reported intention of seeking a 36% increase in tariffs in 2025 - on the back of electricity prices that have roughly tripled over the past 14 years.

With Coal & Energy Transition Day taking place this month, the discussion around sustainability and coal mining ramps up, as the sector grapples with the desire and responsibility to lower its carbon footprint – but not lose its very reason for existence.