Kathy Gibson reports – As South Africa grapples with the issue of ongoing loadshedding, the private sector is quietly making a difference and going a long way towards solving the issue.
He says the amount of solar installed by the private sector last year equates to one full level of loadshedding. “And this year I think it will equate to much more than a level of loadshedding.While many individual users and households can’t afford the cost of installing solar systems, Jordaan points out that many large business and commercial farms could afford to install solar to use during the day when they are operating, and the sun is shining.
He says the goal of Montegray Capital and the companies it funds is not to be a disrupter – although that may well be a consequence of doing the job at hand well. Jordaan looks forward to the day when every consumer has a smartphone, because they will be able to access so many services more cost-effectively – including lower cost for their calls.
“Everyone is taking about ChatGPT; we have never seen a technology be adopted so fast, and the use cases are incredible.