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South Africa has finalised its very first issuance which is the second green bond issued through a private placement fully subscribed to by funds managed by PIMCO to the tune of $210 million.
Speaking at the recent Sustainable Infrastructure Development Symposium South Africa (SIDSSA), President of South Africa, Cyril Ramaphosa said that one of the key drivers of infrastructure is green energy.
The Department of Public Works and Infrastructure (DPWI), as the largest landlord and facilities manager in South Africa, is set to release a Request for Information for the Integrated Renewable Energy and Resource Efficiency Programme (iREREP).
South Africa’s power generation plans are out of date and an urgent rethink is needed, this is according to Hartmut Winkler, Professor of Physics at the University of Johannesburg. Here he writes about how South Africa may need a new electricity plan.
“The country is in the throes of an energy crisis and the importance of the discussions at Enlit Africa this week have been punctuated by loadshedding.”
SAPVIA Chief Operating Officer, Niveshen Govender, supports the sentiments of the President of South Africa’s 2020 State of the Nation Address.
Reconfigured South African Cabinet announced with the number of Ministers reduced to 28, down from 36 in the previous administration.
Politics, corruption, mismanagement and policy uncertainty have seen South Africa's globally respected renewable energy programme brought to its knees.
The buzz word at the Investing in African Mining Indaba in Cape Town, was the call for more collaboration for the mining industry to thrive.