Tag: Cyril Ramaphosa

South African Government to Challenge Court’s Load Shedding Ruling In a recent development, energy experts have indicated that the government is likely to appeal a ruling by the Gauteng High Court in Pretoria. The court’s directive called for an end to load shedding at schools, hospitals, and police stations by January 31, a mandate experts […]

Headlines at a Glance: Weathering the Power Storm: A Glimmer of Growth Finance Minister Enoch Godongwana gave a nod to the resilience of the nation’s economy, noting it grew by a modest 0.9% even amidst the most intense load shedding seasons we’ve seen. Quite a feat! Looking Through the Economic Telescope: Godongwana didn’t sugarcoat things. […]

Introduction: South Africa’s quest for a greener future just got a massive boost! The World Bank has unveiled a $1 billion loan to back the nation’s transformative journey to cleaner, more efficient energy. A Billion-Dollar Boost: Amidst the persistent energy crisis, South Africa is set to make strides in its energy transition, thanks to the […]

Highlight of the Day:Eskom is shining brighter these days, and load shedding’s dark days might just be behind us. Taking the National Assembly by Storm Minister in the Presidency for Electricity, Dr Kgosientsho Ramokgopa, took to the floor on October 24th with news we’ve all been waiting to hear. From Dim to Dazzling Introduced in […]

South Africa is gearing up for a green revolution. In recent news, the Cabinet has officially stamped its approval on the Green Hydrogen Commercialisation Strategy (GHCS). The Big Announcement Minister in the Presidency, Khumbudzo Ntshavheni, was effusive about the strategy’s potential, confidently predicting: “Government has identified possible funding for green hydrogen projects and the draft […]

Increasing Grid Capacities for Renewable Energy Projects The South African Minister of Electricity, Kgosientsho Ramokgopa, has highlighted the government’s urgent need to expand transmission lines, aiming to cater to the surge in renewable energy projects in the pipeline. The planned expansion is anticipated to require a significant R210 billion investment. Over the past decade, Eskom […]

Thursday, July 6, 2023 South Africa’s Cabinet has expressed satisfaction with the considerable improvement in Eskom’s energy availability factor, which has risen to nearly 70%. Grid Enhancement and Improved Maintenance This positive shift comes as approximately 400 megawatts (MW) of power have been incorporated into the grid, coupled with a rapid advancement in planned maintenance […]

Turning the Diplomatic Tide President Cyril Ramaphosa’s strategic efforts to dissociate South Africa from perceived alliances with Russia are starting to yield results, bringing a reprieve for the beleaguered rand, as the focus shifts towards the world market trends over local tribulations like persistent load-shedding. The cloud of uncertainty over the potential grid collapse and […]

Paving the Way for Power Four months after announcing Kgosientsho Ramokgopa as the new Electricity Minister, South African President Cyril Ramaphosa has confirmed that he’s still hammering out the budget details for the nascent ministry. This is a crucial step, given the department’s legislative responsibilities. According to Ramaphosa, the presidency is working with the National […]

In an extraordinary meeting held this week, South African government officials and key business sector representatives convened to construct a comprehensive plan. The agenda? Tackling head-on the challenges besieging the nation. Under the rally cry of “removing obstacles to inclusive economic growth and job creation,” the meeting marked a historic collaboration between sectors. Top Priorities […]