Proposed Budget 2025: R1. 8bn lifeline for SA Post Office as Treasury intervenes

Helmo Preuss|Published

The South African Treasury, alongside the Department of Communications and Digital Technologies, is implementing a crucial rescue plan for the struggling Post Office. ...

Proposed Budget 2025: Eskom's R470bn revenue target tied to strict debt relief conditions

Helmo Preuss|Published

Treasury's 2025 Budget reveals Eskom's growing dependency on government support, with municipal debt soaring to R94. 8 billion while the power utility struggles ...

Africa GreenCo pioneers renewable energy solutions for SADC mining sector

Helmo Preuss|Published

Africa GreenCo, the region's leading renewable energy trader, is expanding its operations across Southern Africa to help mining companies transition to sustainable ...

Transnet aims to boost rail capacity by 6 million tons in 2025 despite challenges

Helmo Preuss|Published

Contrary to previous expectations that coal demand peaked in 2019, 2024 saw record levels of production, consumption, and trade.

Load shedding returns as Eskom loses six generation units

Helmo Preuss|Published

After more than 300 days without power cuts, South Africa faces a temporary return to load shedding as Eskom grapples with multiple unit breakdowns. However, Minister ...

JUWI to commence R6bn solar energy initiative, promising 2 000 jobs in South Africa

Helmo Preuss|Published

To date, JUWI has built 20 solar PV and Battery Energy Storage Systems (BESS) projects globally. In Africa, two notable JUWI examples are the Sukari Gold Mine in ...

Coal market outlook: price relief expected in 2025

Helmo Preuss|Published

The outlook for global thermal coal demand faces significant challenges in early 2025. These include slowing economic growth and steel oversupply in China, a stronger ...

South Africa is a role model for successful African renewable projects: IRENA

Helmo Preuss|Published

South Africa's successful renewable energy programme is setting the standard for the continent, according to IRENA's Director General. With significant cost reductions ...

South African NPO ABALOBI named finalist in prestigious Zayed Sustainability Prize

Helmo Preuss|Published

ABALOBI created a mobile app and marketplace that empowers small-scale fishers to log catches and sell directly to consumers.

‘In many ways the UAE embodies the nexus of next' - ADSW

Helmo Preuss|Published

The UAE showcases its transformation from desert nation to renewable energy pioneer through groundbreaking initiatives and a $6 billion solar megaproject, while ...

More needs to be done to support renewable financing in emerging economies: IRENA

Helmo Preuss|Published

IRENA’s concept note said that as energy demand in emerging economies is projected to rise significantly during the period to 2050

APRA initiative set to boost Africa's renewable energy investment

Helmo Preuss|Published

The Accelerated Partnership for Renewables in Africa (APRA) aims to increase Africa's share of global renewable energy investment beyond its current 2% level. Seven ...

Investment in renewables has reached a tipping point, says IRENA

Helmo Preuss|Published

The world is moving in the right direction to create a new energy system, says IRENA Director-General, Francesco La Camera

We must walk the talk to achieve SDG 7 energy access

Helmo Preuss|Published

The SDG 7 session included stakeholders from the private and public sectors, as well as energy providers to discuss ways to accelerate progress on SDG 7 and to shape ...

Eskom targets R10bn profit for 2025 after swinging to a R55bn loss

Helmo Preuss|Published

Eskom aims to realise efficiencies of R21. 5bn in the current financial year.

Geopolitics must not impede substantive dialogue, asserts South Africa’s G20 Sherpa

Helmo Preuss|Published

He said South Africa’s G20 Presidency would focus on three areas: inclusive economic growth, food security and its impact on inequality and poverty, as well as Artificial ...

China’s green economy will boost growth in 2024 and 2025

Helmo Preuss|Published

In 2023 the clean energy sector emerged as a key driver of gross domestic product growth, as government policy pivoted to making China the global powerhouse for ...

Atlanta seeks to bolster trade, investment bonds with South Africa

Helmo Preuss|Published

Sim Tshabalala, the CEO of Standard Bank, said the Atlanta delegation was coming at the right time to invest in South Africa.

Youth key to developing African Critical Minerals sector: Wits School of Mining

Helmo Preuss|Published

Some of the ways that the youth could be empowered would be for the government to invest in education and infrastructure to build a capable workforce by developing ...

Developing countries spent a record $1. 4 trillion to service their foreign debt

Helmo Preuss|Published

The World Bank's report reveals a staggering $1. 4 trillion spent by developing nations on foreign debt servicing, highlighting the severe financial strain on health, ...

African countries urged to leverage critical minerals demand for growth, industrialisation

Helmo Preuss|Published

The R400 million Junior Mining Exploration Fund (JMEF) is aimed at encouraging junior miners to explore for the critical minerals of copper, nickel, lithium, and ...

New IRP set for 2025 after extensive stakeholder input - Ramokgopa

Helmo Preuss|Published

Minister Ramokgopa outlines extended time horizons, policy priorities and the move towards carbon-neutrality by 2050.

Battery energy storage will provide grid stability, says Ramokgopa

Helmo Preuss|Published

Minister announces significant advancements in Battery Energy Storage projects aimed at enhancing grid stability and integrating renewable energy in South Africa. ...

Private sector calls for collaborative efforts to address infrastructure crisis

Helmo Preuss|Published

Improved leadership could then result in financial stability as SOEs had drained more than R456bn over the past nine financial years.

South Africa will use G20 Presidency to advance Africa’s energy agenda

Helmo Preuss|Published

The International Energy Agency (IEA) projects that energy demand in Sub-Saharan Africa (SSA) will increase by a third between 2020 and 2030, while the International ...