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Kim Cloete

Finding fossil fuel investors is becoming harder, says Hadebe

14th May 2019 With a crackdown on carbon emissions, it is becoming increasingly difficult to find investors that support fossil fuels, says Eskom CEO Phakamani Hadebe. “The truth is, how will we fund fossil fuels if we remain on them? The trend in financial markets is that you see fewer and fewer investors... 

Release of updated IRP imminent, says Radebe, as he allays coal producers' fears

14th May 2019 Energy Minister Jeff Radebe has promised that the update of the Integrated Resource Plan, which reflects the government’s policy blueprint for the power sector, will be concluded "very shortly". He told delegates attending the African Utility Week and PowerGEN Africa forum, in Cape Town, on... 

Eberhard calls for renewables to play a far greater role in South Africa

7th May 2019 Energy expert Anton Eberhard has called for renewable energy to play a far greater role in South Africa, adding that solar and wind energy had saved the country from what could have been a far darker place during the recent spate of load-shedding. “Independent power producers have mitigated... 

CCTV cameras help Cape Town in the prevention of crimes

30th April 2019 The City of Cape Town is using a network of 1 600 close- circuit television (CCTV) cameras in a bid to prevent and detect crime, as well as monitor other incidents. The network is one of the largest of its kind in Africa. 

Western Cape aims to sharpen up procurement to grow the economy

26th April 2019 Procurement is set to play a more strategic role in growing the economy of the Western Cape, the Smart Procurement World conference has heard. “Procurement needs to be recognised and redefined as a strategic activity. Our policy initiatives focus on maximising the economic impact of public... 

The future of procurement under the spotlight

26th April 2019 Leaders and employees in supply chain management and procurement are hoping to ramp up their roles, achieve increased savings and become more influential players within their organisations. The Smart Procurement World conference, in Cape Town, has brought together people from the public and... 

$30bn investment push into Africa’s downstream oil industry

12th April 2019 Africa’s demand for energy, which is far higher than that of other regions in the world, is expected to be very positive for the African oil downstream industry, which has seen a $30-billion investment push in logistics, distribution, storage terminals, import facilities and retail marketing in... 

Call made for swift unified standards for petroleum trade in Africa

12th April 2019 Sahara Energy CEO Tope Shonubi has called for more momentum to adopt unified standards for petroleum trade across Africa to replace the current fragmented African market. A "lack of unitisation, inefficiencies, scale and different specifications brings about chaos", he told delegates at the... 

Vitol analyst explains slide in global oil demand

12th April 2019 Global oil demand has weakened significantly over the past few months, largely due to slowing economic momentum across most markets, says energy and commodities company Vitol analyst Simon Warren. He told delegates at the annual conference of the African Refiners and Distributors Association... 

Astron Energy signals commitment to growing Cape Town refinery

12th April 2019 Standalone South African energy company Astron Energy is upbeat about investing in both its Cape Town refinery, as well as its Caltex-branded service stations over the next few years. “Investment in South Africa has positive potential. South Africa has the highest fuel consumption in sub-Saharan... 

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