Author: Paul Vecchiatto

South Africa is considering tax rebates or subsidies to promote the adoption of electric cars, President Cyril Ramaphosa said.

President Cyril Ramaphosa said the unity government is forging closer ties with business, with positive spin-offs for the country.

Government intends to shut down the department of public enterprises next year.

Government has withdrawn an exemption granted to Eskom from reporting irregular spending in its annual financial statements.

Government is in talks with potential investors in green hydrogen projects, with Germany having identified the country as a key source of the fuel.

South Africa has identified three key priorities for climate action, including increased production of electric vehicles, President Cyril Ramaphosa said.

Sub-Saharan Africa needs $240-billion for the region to transition to a clean energy, President Cyril Ramaphosa said.