Proposed Budget 2025: R1. 8bn lifeline for SA Post Office as Treasury intervenes
The South African Treasury, alongside the Department of Communications and Digital Technologies, is implementing a crucial rescue plan for the struggling Post Office. With R1. 8 billion allocated and 354 branches closed, can this intervention save one of South Africa's oldest institutions?
Proposed Budget 2025: Eskom's R470bn revenue target tied to strict debt relief conditions
Treasury's 2025 Budget reveals Eskom's growing dependency on government support, with municipal debt soaring to R94. 8 billion while the power utility struggles with revenue challenges and slow unbundling progress.
Africa GreenCo pioneers renewable energy solutions for SADC mining sector
Africa GreenCo, the region's leading renewable energy trader, is expanding its operations across Southern Africa to help mining companies transition to sustainable power solutions. With successful operations in four countries and plans to extend to eight more, the company is positioning itself as a key player in the mining sector's decarbonisation journey.
Transnet aims to boost rail capacity by 6 million tons in 2025 despite challenges
Contrary to previous expectations that coal demand peaked in 2019, 2024 saw record levels of production, consumption, and trade.
Load shedding returns as Eskom loses six generation units
After more than 300 days without power cuts, South Africa faces a temporary return to load shedding as Eskom grapples with multiple unit breakdowns. However, Minister Ramokgopa remains optimistic about ending load shedding by March 2025.
JUWI to commence R6bn solar energy initiative, promising 2 000 jobs in South Africa
To date, JUWI has built 20 solar PV and Battery Energy Storage Systems (BESS) projects globally. In Africa, two notable JUWI examples are the Sukari Gold Mine in Egypt and the Grande Côte mineral sands operation (GCO) in Senegal.
Coal market outlook: price relief expected in 2025
The outlook for global thermal coal demand faces significant challenges in early 2025. These include slowing economic growth and steel oversupply in China, a stronger US Dollar, and the looming threat of a tariff war.
South Africa is a role model for successful African renewable projects: IRENA
South Africa's successful renewable energy programme is setting the standard for the continent, according to IRENA's Director General. With significant cost reductions and ambitious targets, the country's REIPPPP demonstrates how political leadership can drive sustainable energy transformation in Africa.
South African NPO ABALOBI named finalist in prestigious Zayed Sustainability Prize
ABALOBI created a mobile app and marketplace that empowers small-scale fishers to log catches and sell directly to consumers.
‘In many ways the UAE embodies the nexus of next' - ADSW
The UAE showcases its transformation from desert nation to renewable energy pioneer through groundbreaking initiatives and a $6 billion solar megaproject, while addressing crucial challenges in global energy demand and AI-driven power consumption.
More needs to be done to support renewable financing in emerging economies: IRENA
IRENA’s concept note said that as energy demand in emerging economies is projected to rise significantly during the period to 2050
APRA initiative set to boost Africa's renewable energy investment
The Accelerated Partnership for Renewables in Africa (APRA) aims to increase Africa's share of global renewable energy investment beyond its current 2% level. Seven African nations have joined forces with international partners to unlock funding and drive sustainable development across the continent.
Investment in renewables has reached a tipping point, says IRENA
The world is moving in the right direction to create a new energy system, says IRENA Director-General, Francesco La Camera
We must walk the talk to achieve SDG 7 energy access
The SDG 7 session included stakeholders from the private and public sectors, as well as energy providers to discuss ways to accelerate progress on SDG 7 and to shape a pathway to a collaborative and ambitious energy agenda by 2030.
Eskom targets R10bn profit for 2025 after swinging to a R55bn loss
Eskom aims to realise efficiencies of R21. 5bn in the current financial year.
Geopolitics must not impede substantive dialogue, asserts South Africa’s G20 Sherpa
He said South Africa’s G20 Presidency would focus on three areas: inclusive economic growth, food security and its impact on inequality and poverty, as well as Artificial Intelligence.
China’s green economy will boost growth in 2024 and 2025
In 2023 the clean energy sector emerged as a key driver of gross domestic product growth, as government policy pivoted to making China the global powerhouse for green economy products.
Atlanta seeks to bolster trade, investment bonds with South Africa
Sim Tshabalala, the CEO of Standard Bank, said the Atlanta delegation was coming at the right time to invest in South Africa.
Youth key to developing African Critical Minerals sector: Wits School of Mining
Some of the ways that the youth could be empowered would be for the government to invest in education and infrastructure to build a capable workforce by developing youth-focused employment schemes and apprenticeships.
Developing countries spent a record $1. 4 trillion to service their foreign debt
The World Bank's report reveals a staggering $1. 4 trillion spent by developing nations on foreign debt servicing, highlighting the severe financial strain on health, education and infrastructure.
African countries urged to leverage critical minerals demand for growth, industrialisation
The R400 million Junior Mining Exploration Fund (JMEF) is aimed at encouraging junior miners to explore for the critical minerals of copper, nickel, lithium, and rare earth elements.
New IRP set for 2025 after extensive stakeholder input - Ramokgopa
Minister Ramokgopa outlines extended time horizons, policy priorities and the move towards carbon-neutrality by 2050.
Battery energy storage will provide grid stability, says Ramokgopa
Minister announces significant advancements in Battery Energy Storage projects aimed at enhancing grid stability and integrating renewable energy in South Africa.
Private sector calls for collaborative efforts to address infrastructure crisis
Improved leadership could then result in financial stability as SOEs had drained more than R456bn over the past nine financial years.
South Africa will use G20 Presidency to advance Africa’s energy agenda
The International Energy Agency (IEA) projects that energy demand in Sub-Saharan Africa (SSA) will increase by a third between 2020 and 2030, while the International Renewable Energy Agency (IRENA) forecasts that Africa's energy demand could double by 2040.