South African coronavirus cases are beginning to climb as scientists warn of an impending fourth wave of the disease.
Author: Antony Sguazzin
South Africa’s decline is accelerating and the country risks becoming a lower-middle-income nation by 2028, a new model shows.
The energy department has cautioned that a retreat from coal must take account of the impact on the economy and the people who depend on it for a living.
Energy regulator Nersa and energy minister Gwede Mantashe have been sued by environmental activists over plans to allow the construction of new coal-fired power plants.
Eskom has said retrofitting about half of its coal-fired plants with pollution-cutting equipment would cost more than R300-billion and boost electricity costs.
Envoys from some of the world’s richest nations have met with South African cabinet ministers to discuss a climate deal that could see billions of dollars flowing in the country.
Africa’s lack of industrial development puts it in a strong position to develop low-carbon manufacturing, McKinsey & Co said.
South Africa’s mining industry has given its backing to moving the economy away from coal but said it must be done gradually and responsibly.
Mining companies in South Africa are considering spending as much as R40-billion to construct 2GW of power generation capacity.