Tag: renewable energy

South Africa’s data centre market, the largest in Africa with more than 20 co-location centres, is expected to grow to over $3.23 billion, from just $1.71 billion in 2021. These data centres reflect the rapacious demand for data to deliver our information needs, entertainment, and even our very lives.

When André de Ruyter took over as Eskom CEO in January 2020, he quickly realised why it was considered the toughest job in South Africa. Aside from neglected equipment, ageing power stations and an eroded skills base, he discovered that Eskom was crippled by corruption on a staggering scale.

We have released the 2023 edition of our annual green economy market intelligence reports. The reports highlight the most promising investment opportunities in key green economy sectors in South Africa.

There is no greater threat to South African businesses than load shedding. It is that simple and that stark. It touches every aspect of us as a nation, as a people and as industries attempting to stabilise and grow the country. It is the most disruptive challenge of our generation.

Africa’s CEOs are looking at new ways to generate revenue and are investing in new skills. Africa’s CEOs tell us how they are navigating today’s workplace challenges and building a more resilient and adaptable workforce. The African continent is a hub of economic activity with a growing business sector that is increasingly becoming globally competitive.

At a time when the country is facing a significant energy crisis, the report provides a consolidated overview of the electricity market from consumption to generation to financing. We have launched our South Africa-focused market report, providing a comprehensive overview of the state of play of the country’s energy sector.

At first, the response to government’s power moves, announced at last month’s Budget Speech, was overwhelmingly positive. Energy packages, which offered tax incentives for households and businesses to offset the steep financial toll of load shedding, were introduced.

We are pleased to share our second South Africa Economic Outlook report for 2023. In the wake of Budget 2023 and announced incentives for investment in solar power generation, this edition focuses on green incentives and their role in encouraging local businesses to invest in renewable electricity generation.

Every South African is currently faced with the ongoing negative effects of rolling electricity blackouts, which Government euphemistically refers to as “load shedding”. It affects our businesses, our homes, our livelihoods, our safety and our faith in the future of our country.

When most people hear the word "gas", they're automatically inclined to think about the type of gas that pumps directly into their fuel tank. But petroleum gas is the most common gasoline fuel we encounter daily, it is only one "type" of gas.