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South Africa's current account deficit widens sharply in fourth quarter
7th March 2024 By: Reuters

South Africa's current account deficit widened sharply in the fourth quarter of 2023 to 2.3% of gross domestic product (GDP) from a revised 0.5% of GDP in the third quarter, central bank data... 


Property transformation programme launched
6th March 2024 By: Tasneem Bulbulia

Industry regulator the Property Practitioners Regulatory Authority (PPRA) on March 6 launched the Transformation Property Partnership programme, which is aimed at enabling meaningful youth... 


Kendal power station
Move to formalise deal on injecting private skills into Eskom amid plan to add and recover 10.6 GW by end-2025
6th March 2024 By: Terence Creamer

Government and business have set a goal of increasing South Africa’s electricity generation capacity by 10.6 GW by the end of 2025 as part of ongoing collaborative efforts to tackle growth-sapping... 


Scopa/SIU MoU flags Eskom intelligence, National Skills Fund reports for investigation in seventh administration
6th March 2024 By: Sashnee Moodley

The Standing Committee on Public Accounts and the Special Investigating Unit have assured that the Eskom intelligence report and the National Skills Fund matters will be flagged for consideration... 


South African renewable energy IPP project equity returns – are they still attractive?
South African renewable energy IPP project equity returns – are they still attractive?
6th March 2024

How can investors improve margin in the energy value chain – circa >100 MW projects and above By: Enriko Fourie, Transaction Advisor at Cresco Group 


An image showing a summary of a BloombergNEF study
South Africa’s solar PV market expected to become one of the world’s largest this year
5th March 2024 By: Tasneem Bulbulia

BloombergNEF’s (BNEF’s) first-quarter global photovoltaic (PV) market outlook predicts that South Africa will be the tenth-largest PV market in the world this year, with the dominance of solar PV... 


RES4Africa releases latest study findings
5th March 2024 By: Sabrina Jardim

Sustainable energy organisation the Renewable Energy Solutions for Africa Foundation (RES4Africa) unveiled its latest study - conducted with South African power utility Eskom and technical... 


Energy Council of South Africa CEO James Mackay
Real progress being made against loadshedding in recent months, says Energy Council CEO
5th March 2024 By: Rebecca Campbell

The number of hours of loadshedding in South Africa has been cut by 67% over the past three-and-a-half months, Energy Council of South Africa CEO James MacKay highlighted on Monday evening. He was... 


Kusile stack
Eskom says it is on track for permanent repair of Kusile stack by December
5th March 2024 By: Terence Creamer

Eskom insists it is on track to complete the repairs to the ducts in the west stack at the Kusile power station by December 2024, ahead of the March 31, 2025, deadline set by the Department of... 


Trade & Industrial Policy Strategies senior economist Gaylor Montmasson-Clair
Solar, battery, inverter imports surged to R70bn in 2023 as wind turbines recovered from two-year lull
4th March 2024 By: Terence Creamer

South African imports of solar panels, lithium-ion batteries and inverters climbed to a record $3.8-billion last year, or about R70-billion, while imports of wind turbines began to recover... 


Northam Platinum CEO Paul Dunne.
New solar farm being built in Limpopo, wind boost on way from W Cape – Northam
4th March 2024 By: Martin Creamer

Platinum group metals (PGMs) mining company Northam Platinum has begun construction of an 80 MW solar power farm at its Zondereinde operation in Limpopo – and the Johannesburg Stock Exchange-listed... 


Coal station
Assessment of Eskom coal fleet warns ‘fixation on the EAF is a dead end’
1st March 2024 By: Terence Creamer

An expert assessment of the state of Eskom’s 14 coal-fired power stations conducted between March and May 2023 describes the prevailing “fixation” on the coal fleet’s energy availability factor... 


A solar PV plant built by Yellow Door Energy in Jordan
Yellow Door Energy to start construction on 48 MW Leeudoringstad solar plant soon
1st March 2024 By: Schalk Burger

Independent power producer Yellow Door Energy has completed the development phase for a 48 MW solar photovoltaic (PV) plant in Leeudoringstad, in North West. Construction will begin in the second... 


Paul Dunne
Northam declares cash dividend, boosts self-generation
1st March 2024 By: Martin Creamer

Johannesburg Stock Exchange-listed mining company Northam Platinum on Friday declared a cash interim dividend after reporting strong performance from all group operations in the six months to the... 


Eskom CEO Dan Marokane
Eskom board tasks Marokane with three priorities in his first 100 days as CEO
1st March 2024 By: Schalk Burger

State-owned power utility Eskom's board of directors has tasked incoming CEO Dan Marokane to prioritise three key areas – assessing the generation operational recovery plan, reviewing Eskom’s... 


An image of trainees in the HDGASA's hot dip galvanising programme
Association remains steadfast amid challenging conditions
1st March 2024 By: Nadine Ramdass

On the back of the energy crisis and poor economic growth, steel consumption has decreased, resulting in the steel and steel-related industries contracting over the past decade. Despite these... 


Image of South Africa map/flag
Gas Independent Power Producer Procurement Programme – Bid Window 1, South Africa
1st March 2024 By: Sheila Barradas

The procurement of new-generation capacity is required to ensure energy security, and about 3 000 MW is expected to be generated from gas. 


Eskom power lines
KwaZulu-Natal municipalities now owe Eskom R1.5bn
29th February 2024 By: Marleny Arnoldi

The debt owed by municipalities in KwaZulu-Natal to Eskom have increased by R818-million between March 2023 and January this year, resulting in municipalities in the province now owing Eskom... 


lit candle
Eskom to take over Ekurhuleni loadshedding owing to city’s noncompliance
29th February 2024 By: Darren Parker

State-owned utility Eskom will resume direct loadshedding for City of Ekurhuleni (CoE) customers after the city's repeated failure to adhere to its obligations in this regard. Eskom said in a... 


Anglo American's Africa and Australia Regional Director Themba Mkhwanazi.
Project finance clinched for 520 MW South African wind, solar projects – Anglo
29th February 2024 By: Martin Creamer

Johannesburg- and London-listed diversified mining and marketing company Anglo American announced on Thursday that jointly owned renewable energy venture with EDF Renewables, Envusa Energy, has... 


South African researchers trawl through death records to assess coal impact
29th February 2024 By: Bloomberg

South African scientists plan to examine about 8.5-million death certificates to ascertain how many people the country’s dependence on coal for electricity is killing. The review is the first of... 


Wind turbines, solar panels and transmission lines
Amplats signs renewable energy offtake agreement with Envusa Energy
28th February 2024 By: Sabrina Jardim

Platinum group metals (PGMs) miner Anglo American Platinum (Amplats) has, through its wholly owned Rustenburg Platinum Mines (RPM) subsidiary, entered into a 20-year energy offtake agreement (EOA)... 


TFR acting CEO Russell Baatjies and Sasol CEO Fleetwood Grobler sign the agreement, alongside their respective teams
Sasol to fund TFR’s maintenance of 128 ammonia tankers
28th February 2024 By: Terence Creamer

JSE-listed Sasol has signed a five-year public-private partnership (PPP) agreement with Transnet Freight Rail (TFR), under which the energy and chemicals group will fund the maintenance and repair... 


DA leader John Steenhuisen
Multi-Party Charter reveals its plans to end loadshedding if ANC can be ousted
28th February 2024 By: Darren Parker

The 11 political parties that are members of the Multi-Party Charter (MPC) for South Africa have voiced a unified plan to end loadshedding once and for all if only they could collectively oust... 


Bidvest sells 27.5% in logistics unit to investment firm Akhona
28th February 2024 By: Bloomberg

A subsidiary of South African conglomerate Bidvest Group is selling a 27.5% stake in a logistics business to black women-owned financial firm Akhona Strategic Investments. Akhona, headed by former... 


Gas tap with pipeline
Decisions, collaboration in next few months are crucial to bridge 2026 gas cliff, IGUA-SA warns
27th February 2024 By: Marleny Arnoldi

Large industrial gas users are starting to prepare for what will likely be South Africa’s next big energy crisis, the imminent shortage of natural gas. Petrochemicals manufacturer Sasol, as the... 


Lineworkers work on a high-voltage powerline
Settling on funding solutions for expedited grid infrastructure set as a Just Energy Transition Investment Plan priority
27th February 2024 By: Terence Creamer

Finalising funding solutions for the expedited expansion of South Africa’s electricity transmission grid has been identified as a key priority for the Just Energy Transition (JET) project... 


Solar panels being installed
Redefine to double renewable power to 80 MW in two to three years
27th February 2024 By: Schalk Burger

JSE-listed real estate investment trust (Reit) Redefine Properties, which has an installed solar photovoltaic (PV) capacity of 40.86 MW, is installing an additional 27.2 MW of capacity across its... 


Avos and other fruit in crates
South African food inflation continued to decelerate in January
27th February 2024 By: Rebecca Campbell

In January, for the second month in a row, South African food and non-alcoholic beverage (NAB) inflation (hereafter to be referred to as food inflation, for short) declined, in year-on-year terms,... 


Deputy President Paul Mashatile
169 Zondo Commission 'recommendations' still under investigation – Mashatile
27th February 2024 By: Sashnee Moodley

The Integrated Task Force, set up by the National Prosecuting Authority and the Hawks, is coordinating the implementation of 205 'recommendations' that came out of the Zondo Commission of Inquiry... 


Hive Hydrogen South Africa chairperson Thulani Gcabashe.
Hive Hydrogen signs wind power deal for R105bn Eastern Cape green ammonia plant
27th February 2024 By: Martin Creamer

Hive Hydrogen South Africa has signed an agreement with Genesis Eco-Energy to implement 372 MW of wind power in the Western Cape, in support of the development of its R105-billion green ammonia... 


Deloitte's head office, in Midrand
Onus largely on private sector to recover economy, says Deloitte
26th February 2024 By: Marleny Arnoldi

With the 2024/25 national Budget not having provided much relief to taxpayers, and the economy having a high debt to gross domestic product (GDP) ratio and slow growth rates, South Africans need to... 


Grid infrastrucuture
Ramokgopa says govt close to finalising structure for private grid financing
26th February 2024 By: Terence Creamer

Electricity Minister Kgosientsho Ramokgopa says all the work being done by government on the financial structure to facilitate private investment into the country’s transmission infrastructure is... 


Wind farm in Jeffrey's Bay
SAWEA appoints new chairperson
23rd February 2024 By: Marleny Arnoldi

The South Africa Wind Energy Association (SAWEA) has elected three new board members – Lena Chirwa, Lance Blaine and Nontokozo Nkozi, who will serve as treasurer – for the 2024 financial year.... 


Solar panels
Another 124 power plants registered with Nersa raising total to 1 087 since 2018
23rd February 2024 By: Terence Creamer

The National Energy Regulator of South Africa (Nersa) reports that a further 124 generation facilities were registered during the third quarter of its financial year from October to December,... 


Photo of Martin Creamer
On-The-Air (23/02/2024)
23rd February 2024 By: Martin Creamer

Martin Creamer discusses phosphate, junior miners and clean electricity. 


Eskom's transmission infrastructure
Eskom eschews $2.5bn of cheap loans as climate pact flounders
23rd February 2024 By: Bloomberg

South Africa’s State power utility has failed to tap $2.5-billion of cheap loans to build critical transmission infrastructure that would help end the country’s crippling energy crisis. That’s... 


Households can now apply to sell their excess solar power to the City of Cape Town
23rd February 2024 By: Irma Venter

The City of Cape Town is now enabling households to earn cash for the power generated from their solar photovoltaic generation systems.  Mayor Geordin Hill-Lewis says a first round of applications... 


Image of solar panels and battery energy storage facility
Mulilo Total Hydra storage project, South Africa
23rd February 2024 By: Sheila Barradas

The project is part of the Risk Mitigation Independent Power Producer Procurement Programme launched by the Department of Mineral Resources and Energy to develop electricity generation capacity. 


Eskom insists downward EAF slide has been ‘arrested’ amid Stage 4 loadshedding
Eskom insists downward EAF slide has been ‘arrested’ amid Stage 4 loadshedding
22nd February 2024 By: Terence Creamer

Eskom insists the performance of its unreliable generation fleet is on an improving trajectory, releasing a graphic-heavy statement on February 22 disputing a recent report stating that its... 


A farm with irrigation equipment
Innovative interventions needed to turn around underperforming growth trajectory – Agbiz
22nd February 2024 By: Schalk Burger

Against the backdrop of a profoundly challenging macroeconomic environment where South Africa’s economy is expected to continue underperforming, averaging at 1.6% growth in the next three years,... 


Cape Town mayor Geordin Hill-Lewis
Cape Town driving forward with renewable energy, climate resilience programmes
22nd February 2024 By: Rebecca Campbell

Last year, Cape Town paid out R25-million to businesses which sold their surplus renewable energy to the city. And, starting this year, private citizens will be able to do the same. These... 


Busa CEO Cas Coovadia
Budget seen as realistic, generally positive in economic context
22nd February 2024 By: Schalk Burger

Business organisations Business Leadership South Africa (BLSA) and Business Unity South Africa (Busa) said the 2024 Budget presented by Finance Minister Enoch Godongwana on February 21, was... 


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