Posts tagged as economy

Understanding implications of 2°C-compatible coal phase-out plan for SA

South Africa is highly coal and energy intensive, and has an economy characterised by extremely high levels of inequality and poverty (with more than half of the population living in poverty). In the long run, sustainable growth and development in South Africa will depend crucially on the transition away from a coal-intensive energy system and […]

Presidency tackles Eskom’s governance, appoints new board

The government has announced a number of measures to strengthen governance at Eskom, including the appointment of new board members and the stabilisation of management at the electricity-generating parastatal. This follows a meeting of President Jacob Zuma, Deputy President Cyril Ramaphosa, Public Enterprises Minister Lynne Brown and Minister of Finance Malusi Gigaba on 19 January […]

Extra electricity capacity won’t drive economic recovery

Although the South African economy is not in as bad a state as many believe, and although growth is sluggish it won’t improve by simply increasing electricity generating capacity. This was the view of two experts who spoke at the Association of Municipal Electrical Utilities’ (AMEU’s) affiliates CEO breakfast at the Johannesburg Country Club, Woodmead, recently. […]

Ready to disrupt – tales of technologies, targeted sectors and a changing workforce

A look at the nature of disruption, the characteristics of the innovation that underpins it, how disruption happens, and which industries are next in line. In short, are the machines coming for our jobs? Disruption, often imagined as a lurking threat ready to destroy established businesses and business models, is on everyone’s minds of late. […]

IEA report: Boosting the power sector in sub-Saharan Africa

  Over the past 15 years, sub-Saharan Africa’s GDP growth accelerated substantially. Growth averaged at 5% per year between 2008 and 2015. It slowed to 3,5% in 2015, but is expected to increase to 4% in 2016. Limited access to electricity is a significant constraint to sustained economic growth across the continent. Chinese companies are increasingly […]

Restructuring and reform of South Africa’s power sector

  This article is a precis of a keynote address to the Industrial and Commercial Users of Electricity (ICUE) conference held in Cape Town recently. Everyone welcomes the fact that South Africa has not had load-shedding for nearly a year. After years of power cuts, which constrained economic growth, electricity consumption is more or less […]