The South African poultry industry is currently being ravaged by an outbreak of highly pathogenic avian influenza bird flu , which is an airborne disease. MINISTER of Electricity Dr Kgosientsho Ramokgopa has rallied the captains of industry to invest in the expansion of the transmission lines in South Africa as the government will be adding more renewable energy generation capacity to the grid.
Ramokgopa said yesterday that the government would soon open Bid Window 7 of the Renewable Energy Independent Power Producer Procurement Programme Reippp to procure 9 MW in a bid to alleviate the generation grid capacity constraints.
If it happens, the opening of Bid Window 7 will come three months overdue as it was supposed to open in July, with Bid Window 8 opening in the fourth quarter of this financial year. The installed base of solar not contracted to Eskom or government programmes has leapt from MW in Marchβ¦. Indebted consumers will have to endure an elevated cost of borrowing for a bit longer INDEBTED consumers will have to endure an elevated cost of borrowing for a bit longer as the South African Reserve Bank SARB maintained its hawkish monetary policy stance on sticky inflation concerns.
Three members of the MPC preferred to keep rates on hold and two preferred an increase of 25 basis points. Kganyago cited concerns about the continued depreciation of the rand and the ongoing multiplicity of supply-shock pressures on inflation as the key drivers behind the decision. He said in spite of headlineβ¦. LAST WEEK, the Cabinet approved a new State-owned Enterprise SOE plan, which will lay the basis for private equity investment in state companies and listings on the stock exchange.
It has already stirred significant debate and discussion β and rightly so, because full or partial privatisation by countries around the world has been met with mixed success. These entities play a pivotal role in driving economic growth, infrastructure development, and service delivery throughout the nation. But, over the last few decades, they have posed significant financial and operational challenges for government.
