First Independent Mena Newspaper
South Africa and Morocco have multiple cooperation prospects as two of the continent’s most advanced economies but the potential of their bilateral ties was left untapped due to Pretoria’s hostile stands towards the Kingdom’s territorial integrity. Pretoria has recognized the Algerian-backed separatist front of the Polisario in 2004. Since then diplomatic ties were downgraded. In […]
Enel Green Power RSA has begun construction of a 140 MW wind farm, in the Amatole District in South Africa’s Eastern Cape province. In a statement released on Tuesday, the company said the project will require an overall investment of $226 million and is expected to generate over 460 GWh annually once fully operational. The […]
South African state power utility Eskom said on Monday that it would implement controlled power cuts for a second day in a row because of a shortage of generating capacity in the southern African nation. The state power utility said it would cut 2,000 megawatts from the national grid from 07:00 GMT, likely until 20:00 […]
French multinational electric utility company, ENGIE has started commercial operations for a 100 MW Kathu Solar Park in South Africa. The Concentrated Solar Power (CSP), one of the largest renewable energy projects in South Africa, was completed on 30 January 2019, local media reported. The Kathu Solar Park CSP plant is equipped with a four-and-a-half-hour […]
In South Africa, Mining Companies have opted for renewable energy and captive power supply from Independent Power Producers (IPPs) to secure power in the southern African nation, Absa Corporate and Investment Bank said. According to the Bank, South Africa is currently leading the region in renewable energy following the signing of agreements for 27 projects […]
The Minerals Council of South Africa on Thursday warned that the country could lose up to 150,000 jobs, if state-owned electricity supplier Eskom is granted permission to increase electricity tariff by 15%. Eskom has asked government for a 15% tariff increase over three years. The mining lobby group said the move would also hasten the […]
South Africa plans to double the amount of energy it will buy from the Inga III dam, under construction in the Democratic Republic of Congo, Bloomberg reported. South Africa committed to purchase 2,500 megawatts from the dam, known as Inga III, in a 2013 treaty between the two countries. South African Energy Minister Jeff Radebe […]
South Africa’s Cyril Ramaphosa on Tuesday called on the international community to end the economic sanctions against Zimbabwe. Zimbabwe is still subject to U.S. sanctions dating back to the rule of Mugabe, who stepped down in November 2017 and was replaced by Emmerson Mnangagwa. The EU and the United States imposed sanctions against Zimbabwe in […]
South Africa’s economic growth will accelerate to 1.3 percent in 2019 from an estimated 0.9 pct in 2018, the World Bank said on Tuesday citing the implementation of structural reforms announced last year. The World Bank projects South Africa’s economic growth at 1.7% in 2020, and 1.8% in 2021. Economic growth would be supported by […]
Saudi Arabia’s oil giant Aramco will build an oil refinery in South Africa part of the pledge made by Riyadh last year to invest $10 billion in the African country, Bloomberg reports. According to Bloomberg, an agreement of intent was signed Friday by South Africa’s Energy Minister Jeff Radebe and his Saudi counterpart Khalid Al-Falih. […]