Independent power producers could provide more than 60GW of conventionally produced electricity, according to the department of energy. This is nearly twice the total capacity now produced by Eskom – and it could be brought to market for far less than what
Browsing: Free Market Foundation
SA’s electricity shortage was stifling economic growth, the head of the Independent Power Producers’ Association said on Tuesday. “You cannot grow your economy without new electricity,” the association’s MD, Doug Kuni, said at a Free Market Foundation media briefing in Johannesburg. Blackouts in 2007 and 2008
Most South Africans are oblivious to the fact that we are in the worst grip of a crisis that has major negative implications for every one of us both now and in the future. People are ignorant of the electricity crisis because “the lights are still on”. But the lights will not stay on. Eskom’s daily message to us all is to use less electricity
In the wake of cabinet’s rejection of KT Corp’s attempt to purchase a 20% stake in Telkom, reports now suggest the move was a precursor to the state taking full control of the company. Business Day reported on Tuesday, quoting a department of communications source, that Telkom’s delisting and renationalisation
What company would ask its customers to buy less of its product and, at the same time, promptly increase prices? That dubious distinction goes to Eskom. The parastatal has increased its prices to improve the supply and distribution of electricity, yet pays
Creating jobs isn’t just expensive, it’s getting more expensive. Cloud computing may offer one way of reducing the cost, meaning money allocated to job creation could go further and reduce unemployment faster in the process. This is the view of economist Mike Schüssler
There is a direct link between high levels of software piracy and poor economic growth. The higher the rate of piracy, the more likely a country’s economy will stagnate