Business Day TV talks to Nick Kunze from Sanlam Private Wealth
Choice is between democratic openness and parasitical elites having their way
Only R76m worth of settlements have been made and another 48 cases are being negotiated
The party has decided there should not be a cooling-off period as provided for in the Electoral Amendment Bill
Business Day TV speaks to David Shapiro from Sasfin Securities and Wayne McCurrie from FNB Wealth & Investments
The improved sentiment is a result of increased merchandise export and import volumes and more new vehicles sold, Sacci report says
France, like the rest of Europe, has been struggling with successive heatwaves and its worst drought on record
Fiery hooker comes in as coach Jacques Nienaber reshuffles front row for All Blacks showdown
Now more than ever, there are tangible reasons to believe that Africa’s time is now as major firms invest in African brands, from music and art to fashion
Johannesburg — Soon after it began in 2011, SA’s renewable-power programme became the world’s fastest-growing.
Almost $15bn poured into clean energy in seven years, financing everything from wind farms to solar towers. New independent power producers (IPPs) mushroomed, signing electricity purchase agreements with Eskom that were guaranteed by the government.
Then Brian Molefe, who a subsequent graft probe would show was closely connected to President Jacob Zuma, became Eskom’s CEO in 2015. He stopped signing new contracts, saying the country didn’t need more renewable production because it was too expensive. At the same time, power demand lagged as companies generated their own and the economy slowed. And Eskom was put in charge of an expensive nuclear-construction programme championed by Zuma.
As a result, renewable-energy financing dropped to a trickle of $4m last year, with more than two dozen projects that were near the point of breaking ground still waiting. The freeze-out risk...
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