Posts tagged as economy

Government’s roadmap to “reform” SA’s electricity industry

On Tuesday 29 October 2019, South Africa’s Department of Public Enterprises published its “Roadmap for Eskom in a reformed electricity supply industry“. The report states that Eskom will be divided into three operational entities; that power stations will compete with one another to reduce the cost of electricity to users for the good of the […]

Will unbundling Eskom ensure a sustainable electricity system?

. That Eskom needs to be restructured is no longer in question. In its current form, the organisation poses a systemic risk to the South African economy and is “too big to fail”. The real question is what form this restructuring should take.  For sure, the generation assets need to be separated from the transmission […]

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 […]