From Creamer Media in Johannesburg, this is the Real Economy Report. Vodacom has taken another step to limit its environmental impact while eliminating about 12-million litres a year of water demand on the Midrand municipality’s supplies. Natasha Odendaal has the story.
Natasha Odendaal:
Telecommunications group Vodacom has unveiled a R4.2-million rainwater harvesting project at its head office, in Midrand.
The dam harvests one-million litres of rainwater a month, providing 40% each month of the water required for the air conditioning of the Vodacom Commercial Park building.
Any excess rainwater would be used to irrigate the gardens on the Vodacom premises.
Vodacom executive head of division: facilities north Thembani Jwambi tells us more.
Vodacom executive head of division: facilities north Thembani Jwambi
Shannon de Ryhove:
Other news making headlines this week: Eskom outlines its plan to trim unplanned outages to 10%; and the Sapref upgrade is central to BP’s R5.5-billion investment plan for South Africa and Mozambique.
South Africa’s State-owned electricity utility Eskom has approved a new five-year generation strategy, premised on an ‘80:10:10 principle’, which implies average plant availability of 80%, with unplanned outages limited to 10% and scheduled maintenance also set at 10%.
Eskom CEO Brian Dames
Global energy group BP has announced a R5.5-billion, five-year investment plan for South Africa and Mozambique, including a R2.5-billion capital expenditure programme to upgrade the Sapref refinery, in Durban, positioning it to produce fuels to a Euro 5 specification level.
BP Group CEO of refining and marketing Iain Conn
That’s Creamer Media’s Real Economy Report. Join us again next week for more news and insight into South Africa’s real economy.