Spain to invest R42bn in South Africa's energy transition, water projects | Business

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Spain has pledged R42 billion to help fund renewable energy, battery storage, transmission, green hydrogen and electric vehicles in South Africa, as well as water and sanitation projects. | News24_Business

Spain plans to back South Africa's energy transition and water needs with R42 billion in funding.This funding is not part of the Just Energy Transition Partnership in which $8.5 billion was initially pledged.Spain is providing €2.1 billion to help fund South Africa's energy transition and water needs, even as some of the world's richest nations struggle to push forward on a ground-breaking climate-finance initiative with the country.

Spain, along with other developed countries that aren't part of the Group of Seven wealthy nations, weren't included in the JETP as it was an initiative of that bloc. JETPs are also being put in place in countries including Indonesia, Vietnam and Senegal. A pipeline of opportunities is now being developed and agribusiness opportunities may be included, he said.Spain isn't the only European country seeking to help with South Africa's transition from its reliance on coal, which accounts for more than 80% of the power the nation produces.

The country is also working with national power utility Eskom to repurpose land for labour-intensive agriculture at the site of the Grootvlei power plant, which is scheduled to be closed in coming years, they said.

 

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_Business These European country are all broke, they don't have money. Spain still owe Germany...we have our own capable people we don't need Spains help...mr President stop taking these colonializers money!!!

_Business what will lose in return?

_Business We won’t see a cent of it and nothing will happen - it will disappear like all the other money!!

_Business Stop throwing away Spain. While it is much needed the ANC will just fill their pockets.

_Business These projects are meant to enrich few cadres

_Business En unos años nos enteraremos que Koletas, Sánchez y Echenique tienen mansiones en Sudafrica.

_Business Who will be the beneficiaries in parlement?

_Business I hope you're tracking your 💰

_Business Are they mad?

_Business More money to be looted. Maybe already gone.

_Business A FEEDING FRENZY FOR THE THUGS IN THIEVES IN government will certainlyensue now doubt

_Business

_Business And I am guessing that at least 41.5 billion of it will disappear and nothing will be built with the rest

_Business Which will go into the ANC's fat ass luxury lives and nothing will ever be done about renewable energy.

_Business We should use that Spanish money to build nuclear power plant

_Business 🚩🚩🚩🚩🚩🚩

_Business Comrades are getting ready to feast

_Business Sounds great on paper....But I bet the vultures r already circling waiting for their 'commission', 'consultation fees' & kickbacks. institutionalisedcriminality countdowntozimbabwe

_Business What's in it for spain?

_Business That money will disappear like the Covid-19 money did,and it's unfortunate that the taxpayers will have to recover it.

_Business Why?

_Business Why ? I hope they send highly qualified professionals to oversee the work .

_Business This is like trying to swim out of the water afraid if crocodile 🐊 and just to be welcomed by the lion 🦁 waiting for u outside..!!!

_Business Kgosientsho_R Can this be just & fair, that Spain & Europe imports our coal for their energy needs, impose tariffs on coal produced items in South Africa, lend us money to reduce our coal consumption while we have persistent rolling blackouts?

_Business There is no free lunch. What is in for Spain?

_Business Why are we being forced to use renewable energy and not Europe and the states?

_Business Something is not right with this pledge

_Business Why South Africa not any country in Africa?

_Business This money is so going to be stolen.. why are other countries lending money you allegedly the minster have to eat.

_Business Aka, we want your coal… Aka stage 47 loadshedding

_Business End what's the catch cause there's nothing 4mahhala😎

_Business Does Spain not know what happens to money when the ANC handles it?

_Business O hel hier kom nog n korrupsie hoofstuk eish!!! Na wie se sak gaan dit die keer eish

_Business 500billion gone, what's 42?

_Business Give the money 💰 to Dr. Sulaiman's Gift 🎁 of the Givers, or even Elon Musk for that matter. The rationale imho would be that not a cent would be stolen...tbh

_Business Let’s see who’s pockets gets filled

pmcafrica _Business No, thank you

_Business No more lones.

_Business These. Spanish dream that money will help greater South Africa

_Business DOWN GOES OUR BELOVED COUNTRY.......RAMASOLD

_Business And the MYANC is going to sluk how much of that ?

_Business As we say un Spain: QUE TE VOTE TXAPOTE!

_Business Spain want

_Business Kgosientsho_R Our_DA eNCA MYANC OUTASA EFFSouthAfrica SABCFullView TsepisoMakwetla

_Business Renewable energy is Colossal failure in Spain. Now why want to take SA down with them. Our_DA OUTASA EFFSouthAfrica CyrilRamaphosa Kgosientsho_R SABCFullView TsepisoMakwetla

_Business It makes sense no wonder Mbalula is always issuing statements he knows billions are coming.

_Business Jipee! The ANC caders are smacking their lips in anticipation.

_Business Oh no💀

_Business Why🤔🤔

_Business Para esto son nuestros impuestos para pagar a los de fuera , HDP PSOE y ppopular que son la misma 💩

_Business They are basically buying Coal worth R42bn.

_Business Y'all are empowering criminal not citizens.

_Business Spain is one of the poorest country in Europe... Nearly went Greece on us

_Business These people don't learn. Ask where the money went that came from Biden!

pmcafrica _Business What they want in return?

_Business But why?! Why so much interest in this one particular country going green?! Just why Bloody nato!!

_Business Yes and how much will actually be used in the end.. and at what cost ? no shortage of long fingers around!

_Business Anc MbalulaFikile will probably loot the money again its in their DNA to steal

_Business COAL!

_Business Spain ?. Not one of the ' usual suspects ' . What would the anti-Europe brigade use as a reason for Spain's largesse. Are they after our minerals, land, what?

_Business 2024 Vote EFF

_Business Wonder if they use the sun tax they impose on their population to fund us. Not to mention 3 jobs were lost in the energy sector for every one created in the renewable energy sector and the price went up not down per kw.

_Business Yini le abayifuna kangaka kulelizwe be lokhu besifunza lama renewables abo whilst they take our mineral resources daily including coal?

_Business Someone needs to warn Spain

_Business We should ask ourselves “why?”

_Business The 🖤💚💛 will squander it before we could see the results

_Business But wait that sounds like white monopoly capital ?!

_Business España no, el dirigente político de turno. Y a estas alturas ya se debería saber que no tenemos ese dinero, y que el político de turno se ha olvidado de su promesa antes de subir al avión de regreso a España.

_Business As long as it is vetted private companies with no links to goverment

_Business SouthAfrica pledge 1quadrillion $'S to Spain. Who's really gonna check that shit 🤭

_Business They not funding anything, this is a loan which needs to be paid back!

_Business Is there a way I can get a cut of that before the politicians and the other ICI people shave off 33%?

_Business Having a weak leader got us twerking for Europe. When the song stops playing we will be in the dark with our head In our ass a bill the size of of tsekeleke

_Business Wake up South Africa 😔😔😔😔😔

_Business Tell them to futsek

_Business Who gets what Or how much.

_Business Ratas asquerosas. Gusanos. Nos roban para sus negocios.

Thomas_Somo _Business Who has the major share on that amount? And what do they want in return?

_Business Mxm voetsek we don't want all that, our coal is enough

_Business Can all these countries pledging funds to us keep their money and let us use our coal without being dictated to

_Business No thank you.

_Business They must fokoff and fund their own mf countries

_Business And the comrades will eat!

_Business OMG when will these Countries wake up. Chinese invasion now the Spanish invasion. No more South Africa as we know it. Nice bonuses coming up for the ANC watch this space

LaviniaEngel _Business I’m

_Business And in return they'll want coal

_Business What’s init for them

_Business

_Business More money for the ANC to steal!!!! I am going to take a guess that we no longer get funding from the US or UK, so we turn to other countries. Way to go f$king ANC

_Business Tell them to invest in their own country we have enough problems 🤞🏽

_Business Let me guess they want our coal🥴

_Business But why?

_Business They want: * Coal * Gold * Iron Ore * Platinum * Cobalt * Zinc * Palladium * Diamonds * Vanadium * Chrome * Helium * Gas * Manganese * Uranium * Lithium (Yes Lithium you had right) * Copper * Nickel * Tantalum For cheap in return..

_Business Excuse me, doesn't Spain know that the money won't be used as intended

_Business In exchange for?

_Business And how much is the ANC GOVERNMENT GOING EAT FROM THIS MONEY 🤔🤔🤔

_Business But Spain is not that guy, they should invest that money on themselves and leave S.A.

_Business This country will never see any of it. As fast as we get that infrastructure up, that's as fast as it will be stolen. Pointless upgrades for a country that can never launch into the future because it's that corrupt

_Business what is the catch?

Peterman43 _Business Question? How much of this money will be utilized on the actual project and how much will end up in some politicians pocket? Okay! No need to answer - history answers that one for us!

_Business Who said we need their help or South Africa has an emissions problem,... Why don't they go aid China or India

_Business Good. Make sure this goes into the right hands!

_Business So they offering us money for energy transition whilst they importing our coal. 'Do as I say not as I do' kinda vibes. Fuck that!!!

_Business What's in it for them?

_Business Say futsek to Spain

_Business They should not waste their money it will get stolen.

_Business Jeeze, another loan. Honestly, if we’re going to accept more loans from the EU then we should demand Visa Free Entry

_Business cool we get R2b towards it.

_Business What is in it for them,more coal?

Pariah70 _Business The day africa stop taking handouts is the day we'll grow

_Business When Zuma said we needed Nuclear, clever people opposed him... Now we are getting indebted into renewable energy that these very countries are running away from

_Business Another cash cow to be looted and bled dry by the ANC.

_Business Something fishy is going on, why are Europeans making pledges, which never materialize anyway and giving AID, which they habitually send their so called experts to help spend it? Can these colonizers leave Africans alone, mind their own business. What nonsense🚮

_Business Why is the west so hellbent on seeing South Africa abandoning its coal. Yet they still rely on coal.

_Business This ANC must go. They are opening up the country to unnecessary pillaging. All for the proverbial brown envelope.

_Business More to steal.

_Business Please Spain do NOT donate. Funds will not be used for the right purpose😏

_Business We don’t want foreign investors to own our Electricity and Water.

_Business Welelele time for government looting

_Business The comrades will steal it.

_Business Why are they not doing it in their own country tho?

_Business No we are fine with coal , what are these side tipper trucks full of coal doing there by Richards bay ? Where is the coal going ,why are being offered to use renewable energy ‘Khona into e off

SouthAfricansP1 _Business The Spanish public must be thrilled?!? What is really going on, something very dodgy no doubt. Spain VoetsekANC

_Business Why is our oppressors investing in our future 🤷. Why is our government accept such money from them?

_Business Pedro el mentiroso sigue engañando bobos por el mundo a cambio de que le hagan fotos y entrevistas como si fuera un estadista de talla mundial, cuando en realidad no es más que un sinvergüenza con mucha cara y poca palabra.

_Business I'm sure I've read somewhere Spain's economy in trouble. Another promise that won't be kept?

_Business Lol that money is as good as gone

_Business They can't just fund some how somewhere they gonna benefit...

_Business More money for the ANC to spend on themselves

_Business Everyone wants to get into the action. Countries dumping their products on our soil. Yes, the rich getting richer. Almost all big solar projects/tenders are given to foreign companies. Why? Why? Once again, the black emerging companies are being left in the dark!

_Business Why? We are capable of doing this by ourselves. We need to sort out our corruption

_Business We don't want loans from these European fvck4rs, we know by now there are no good intentions about these colonial terrorists.

_Business Hayi kodwa CyrilRamaphosa ... You want to sell everything to anyone willing to throw YOU a buck? We have kids Mr. President. What legacy will we leave behind for OUR CHILDREN. Wothi 'Cha bafethu, ngeke ngikhone' at times.

_Business Why do you write so favourably about these loans ?

_Business 🤣🤣 yeyi...When your mother sends you to the shops with money for groceries and you come back empty handed with stories meanwhile you chowed it. 🤣🤣🤣 We're turning into a bad primary school drama. PredictingTheFutureLikeASimpsonsEpisode

_Business I'm.sure that the corruption cultures cannot wait for these funds to hit our shores.

_Business Tell Spain we like their Soccer but they can keep their money . Let them Fk off with their money and energy hogwash

_Business Cadres are smiling

_Business So that's 20bn for renewables, and 22bn for the cadre buffet

_Business Russia must come in board with their oil and gas now 🤭🤭

_Business So that's 20m for renewables, and 22m for the cadre buffet

_Business Isn’t that country broke? Haibo guys.

_Business Why spain ? Make u check where the money goes

_Business All BS, 🖕🏽the bull shit 😂😂😂😂🤟✌️

_Business No-one expects the Spanish inquisition

_Business Pledged a loan please stop acting like it's free money out of the goodness of their hearts

_Business What they want in return? Another looting spree loading. SouthAfrica

_Business Spain needs Africa's help, they're helping themselves. I'm tired of hearing about foreign help yet things keep getting worse and they keep getting wealthier. 'Help' at what cost though...?

_Business Sake sakubona sakubeletha siwuMzansi yeyi sithwele amazwe ngamazwe emahlombe ethu ngengcebo esinayo

_Business Loooooooting loading

_Business Hope their condition is not that we drop coal, because that's not happening.

_Business This is incomplete,we didn't hear what's Spain getting out of South Africa and for how long Is this deal going to stand between the two countries

_Business They must use the money for their own renewable project. Who told them we want to be a piloting project

_Business Die apokaliptiese klimaat kwessie. Nes die dag zero drama in die Kaap (nou PE) terwyl die goewerment besig is met grootskaalse klimaat manipulasie. Hoes-hoes

_Business

_Business Whats the catch

_Business 😂😂😂😂 more money to steal

_Business Soos die miljoene van die EU? Waar is daardie projekte?

_Business I come from a country where colonizers are called investors...

_Business Spain the one in recession?

_Business I’m sure they can’t wait to loot it

_Business Let us be clear, this will come a future cost to the next generation.

_Business So anc officials will be getting 42 billion richer.

_Business

_Business Someone in government is retiring early

_Business ANC will phalaphala that money

_Business Spain and any funder should bypass the govt and make it available to the private sector. CyrilRamaphosa's buddies are not interested and corrupt. SA will overcome loadshedding without the govt

_Business Spain R42 billion to South Africa South Africa R1 trillion to Spain

_Business Thank you Spain. However please ensure that it goes where intended as opposed to being spent on a Bentley, a private jet and a mansion in Dubai..

pmcafrica _Business Zuma & Putin were way ahead of us with Nuclear power...we could have procured nuclear energy power from our own pockets without loans/funding from colonizers.

_Business All that will be stolen once it arrives.... Dis is sad Afrika! The land of the criminals! Where a rich first world country is brought to it's knees begging and yet it's criminals just carry on!

_Business ANC:

_Business Can't these people leave us alone? We know how vile and imperialist Spain is. What do they want?

_Business Please may they pledge it to proven private enterprise companies and not to any government or cadre set ups

_Business But what happens to these funds

_Business Why?

_Business We don't want end products They must fund battery manufacturing companies, EV manufacture, lithium processing and purchasing, research and then buy from South Africa. Otherwise, that money is better spent helping Total close global operations and switching to renewable energy.

_Business Lol

_Business 42 Billion for ANC to loot

pmcafrica _Business MYANC cadres are rubbing their hands together for that loot

_Business Please guard the feeding trough with honest people - if you can find any

_Business 'while 30% must go to Spanish companies in the form of equity or procurement' he goes on to say 'Spanish participation is needed'. All these guys are looking for is tenders for their friends. They take out loans to fund poor countries and charge massive interest while benefiting.

_Business Fokof!!!

_Business Why are we forced to change to renewable energy

_Business Who asked for their help? I bet all the terms and conditions will be hidden from both Spanish and RSA citizens.

_Business Let the looting begin!

_Business Why don't they fund esskom to pick up. Ever wondered why?

_Business It's not like African countries don't have money to fund their own projects, they are just led by corrupt-unrepentant-liberation-party criminals.

_Business !

_Business aha. i knew it

_Business I'm really worried how special is SA to get money from Spain just like that?

_Business I mean I've seen pictures of Spain... R42b seems to be something they could use too

_Business Hope South Africa and it's citizens see it.🤦🤦🤦🤦🤷‍♂️🤷‍♂️🤷‍♂️🤷‍♂️

_Business It's surprising that everyone can see theres something wrong here except ANC 😅😅😅. Am just worried about the future of our kids.

_Business Why... What do they want in return

_Business Bill gates finger prints is all over

_Business Where will they get the money though 😏

_Business Most of that will be stolen...

_Business The ANC is going to steal it. SA will see fokkol of that money

_Business They did not pledge. Every European country owes every African country something. This is a payback

_Business Bye bye money

_Business I wonder how much of this money will find itself into ANC coffers.

_Business If we being realistic, South Africa has enough money to fund itself, is just we got crook leadership skeem, they need to loot the funding 😩😭😭

_Business Why? 😂

_Business Encima para Sur Africa… con el odio que nos tienen a los occidentales y encima dándoles dinero… si es que España es un chiste mal contado.

_Business Stupid Spain. WtF

_Business That money has only been pledge nit yet received and already its gone divided amongst the corrupt masses and then a media briefing will take place to say 'sorry we lost the money'

_Business We don't want electric vehicles

_Business At what cost?

_Business Fix ESKOM first!

_Business We don’t want it!

_Business News 24 peddling stories, or the Spanish spinning a yarn. Currently in Spain and they hardly have money to cover their infrastructure spend and are after handouts from Brussels. Don’t believe everything you read!!

_Business Clueless comments. Spanish Solar power already deployed and in operation in Western Cape - you are already benefiting! 😉

_Business 'Gone with the Wind' Apt

_Business This will definitely come at a cost

_Business Battery storage for cities is the worst idea ever.

_Business You mean Spain is about to donate R42m to Eskom_SA back pocket?

_Business Leave our coal alone!!!

_Business Only 7% will be used, the balance will be looted...

_Business Loans, Loans, Loans. Eish 'Spain will provide €15 million (R297 million) in grants for feasibility studies, while the rest of the money will come in the form of loans at about half the cost of commercial credit, risk insurance, and capital investments, Robredo said.'

_Business ANC already have personal plans with that money

_Business What's the catch 🤔..

_Business Le fa Ramaphosa tjhelete hape?!

_Business O jirr!

_Business These pledges are a problem and the reason we have loadshedding

_Business Dnt forget to tell spain nyaope boys are like rats,they eat batteries and cables

_Business Why?

_Business España está tiesa, os han mentido

_Business We don’t want it

_Business The key word here is 'pledged'. If this going to work, this needs to be managed in phases with funding only released as milestones are reached. Only way to prevent corruption.

_Business Kazi ibasebenzela njani i renewable bona🤔

_Business Load shedding is coming back now now.. As they increase coal Exports

_Business We don't need Spain we have BRICS.

_Business Why don't they pledge such the USA, UK, Germany, and others who are currently buying our coal

_Business If our government falls for this one, then we might as well throw in the towel. Why would Spain pledge so much to another country to fund something that’s bankrupted thousands of families in their own country? These green deals aren’t working, at all.

_Business Lol SA that's why Lesotho and Botswana claiming SA's land! Weak leaders! We don't even know why now? Someone in SA is behind this🤞🏼🤦🏽‍♂️bribe 🤑! Destroyers!! 😯🤷🏽‍♂️

_Business Hope we see that money

_Business someone tell Spain we don't that money 😬❤️

_Business It does not work green energy is a scam

_Business South Africa is for sale, and the world wants a piece of it. We know he will take every cent available on off and it will end up in his sofas..

_Business 'Pledge' Not good enough.

_Business Do Spain know the anc is just gone walk away with ther money

_Business I did ask at some point Why us now Trevor Noar , Zakes , Black Coffee, there is lot heppening we jst dnt see....everthing is fo some in return...🤗

_Business No amount of money can buy our coal.. its worth way more than that

_Business No conocéis a nuestro Presidente. No dice ni una verdad.

_Business Give that money to Mnangagwa since he is hungry for money. Spain just buy the whole of Zimbabwe with that money.

_Business In exchange for what?

_Business The craving for our coal is too much

_Business No such thing as a free lunch.

_Business We don't want it

_Business Traduzco la noticia después de leerla, España se gasta 15 millones de euros en 'estudios' ... luego líneas de crédito y bla bla bla, vamos, 15 millones que se llevarán amiguetes de la Begoño...

_Business Spain? Really? What do they want to steal from us. Cause that's the only reason they'd be putting money here. Is it coal?

_Business Leave Our Coal.

_Business How much did they pledge for their own renewable energy, battery storage, transmission, green hydrogen

_Business Oh goodie for the politicos.

_Business Is Spain prepared to take back their trains? (you know, the ones ordered by the S.A Government, subsequently delivered, and then found to NOT fit our rail gauge/be too tall - THOSE trains). Start here :

_Business People who are still highly reliant on coal are telling you to transition to green and are even to finance that transition while taking your coal to keep their light on. Make it make sense

_Business Electric vehicles 😂😂😂😂 I think someone in Spain is screwing with us

_Business Why What’s the catch nothing happens for free

_Business Con la deuda actual y con lo que ha crecido desde que están el progreso es una opción genial para seguir despilfarrando. ¿Cómo no se les había ocurrido antes?

_Business Estoy flipando….

_Business What's in it for them?

_Business Oh crap money about to be looted.

_Business Let's hope and pray that the money reaches the rightful entities.

_Business What's the catch?

pmcafrica _Business We don’t need that money

_Business And I thought we were grey listed

_Business Comrades, you can eat again!

_Business Comrades have already shared it amongst themselves before the pledge is even redeemed.

_Business Coal s our strength and we have that in abundance. It has carried us for decades and still going to last us for centuries even. We rather have 2x more Power Stations than this renewable nton nton

_Business Such a poor small country with no gold trying to capture the biggest gold supplier in the world with loan traps and aid- aid after aid will not develop Africa

TomiRikhotso _Business Why 🤔

pmcafrica _Business Mmmm Spain is then broke...baffles me all the time..

_Business What are they going to gain for this pledge?

_Business Spain no tiene ese dinero.

_Business Siba kolota Malini?

_Business Jajajaja...no veréis ni un duro .

_Business More money for the ANC to steal. They need to invest in private companies or the Western Cape where the ANC can’t steal!

_Business Oh crp here comes another looting spree. Clearly Spain doesnt know how corrupt SA govt is.

_Business 😂😂😂we a dumping site mxm. Africans prayer wont solve these

_Business In return of what?

_Business In exchange for coal

_Business The ANC comrades are drooling at those numbers 🤣🤣🤣

_Business Small monies

_Business Stage 10 loadshedding is certainly coming.

_Business Where’s Julius to reject this project because it’s from the western supremacists. Russia will pledge the same amount? I suspect he will try get some of it in his pockets

_Business Why do we need foreign funding that comes a ball, chain and noose. Surely there's expertise & money in the SA to fund, build and provide all our energy and water needs. However, a key element in 'green' energy - lithium - is mined with slave labour in many African countries.

_Business The ANC led government with its Communist allies have to shamefully rely on handouts from other countries to fix up their big mess. They have looted state coffers using SARS to fleece money from hard working citizens on the pretense of helping the poor and redistributing wealth.

_Business Cool. What do we give in return?

_Business Please telll them to buy the equipment and build the infrastructure themselves. They must not let a cent go unaccounted for!

_Business Good news 👏

_Business Yhooo azodla ama comrade

_Business That’s about 6 pairs of work boots, a spanner and some insulation tape on tender.

_Business 😅🤣🤣🤣🤣 funny how Spain is handing out money they don't even have..

_Business SPAIN was undergoing a EURO COLLAPSE, yet here they are … damn IMPERIAL COLONIALISTS

_Business What about the 2 trillion collected from SARS

_Business No we don't want it. We good

_Business Ramaphosa is slowly kicking SA out of BRICS with this nonsense.

_Business buying of dinner tables for 1million a chair to seat next to uncle cyril n donation to lethuli house.amandla

_Business Thabo Bester will have his hands in it somehow

_Business More money to steal if this money happens to go to the Government! Lekker man!

_Business Already chowed In Advanced

pmcafrica _Business Country is being sold piece by piece!!

_Business “Pledged “

_Business Isn't Spain bankrupt

_Business Why

_Business Mareta Spain

_Business

_Business 🤣🤣🤣 They must first apologize to Russia

_Business We don't want European money that comes with conditions. Conditions that benefit them at expense of our people.

_Business Hey markrutte, Is this money from our third European funds? The party continues...

_Business R42 Billion 🤣🤣🤣🤣

_Business At whT cost. They remind me of the Americans. Well, do this, but you will do this.

_Business Whats in it for them?

_Business Which ANC comrades did they grease?

_Business Ke sure ho šetše 33 cents

_Business 🤣🤣lol they have a high unemployment rate these ones. Why don't they invest that money into creating employment for themselves?

pmcafrica _Business Ba nyakang in return👀

_Business Watch as they loot it

_Business For what return?

_Business Tell Spain it's okay shame.. BRICS members should only be dealing with others BRICS members only

_Business Haibo where does Spain get so much money from

_Business 80% of that money will vanish 🥲

_Business Right into the pockets of...

pmcafrica _Business Welele

_Business Die ANC gaan dit alles steel! Stop die Spanjaarde! 😡

_Business What's in for them?

_Business We don't need those funds....we are building Nuclear plant soon

_Business We don't need it we are fine

_Business Time to eat

pmcafrica _Business For what in return Theres no free lunch in Europe

_Business Spain 🇪🇸 can go kak

_Business We must nationalize our Mines and stop coal export. Spain has recently gone full socialist but wants to loot us?

MapsMisaki _Business Why not R1,5-trillion

_Business They want coal in return but dont wanna use build their own renewables

_Business No..

_Business We don't need the battery.

_Business Whats in it for them?

_Business Looters licking their lips no doubt !🙄 I wonder how much will actually make it’s way for what’s it’s intended for

_Business at what cost? Kuff them, we need African countries for Africa

_Business F'*k Spain🚮

_Business More money for the comrades

_Business Deposit into account of Gift of the Givers for administration please! 🙏

_Business We are heading the same direction as Ghana🤐😔

_Business Spain? 👀

_Business We doing worse with our coal power stations we don't need their 42 billion

_Business In return for?

_Business Eskom fails, suddenly the Eastern and Western worlds are interested in funding the renewable energy in South Africa, why? Oh shem because they are good people, they see South Africa struggling to keep the lights on and they just want to help without expecting anything in return

_Business Bafuna ntoni in return? What's their envisaged ROI?

_Business Asiyifuni

_Business We'll be fine with candles. Spain must keep their coins

_Business Does the ANC knows about this? Hope the EFF and Julius_S_Malema don't get a piece of this cake,both of them 'like to eat a little'

_Business The biggest scam of our generation...

_Business What’s Spain benefiting from this?

_AIMO_ _Business Free comes with a DICK!!! SA getting fucked

_Business No más dinero de mis impuestos a pagar infraestructuras imposibles en el extranjero.

_Business Bet Spanish taxpayers are delighted. euronews V_of_Europe SpainUN DeutscheWelle RebelNewsOnline UniqueSAProblem MARIUSBROODRYK

_Business Former Chief Justice Mogoeng Mogoeng once said there is nothing like free lunch

_Business Hahaha, do they have any idea where all that money is going to end up?

_Business Thank you Spain.

Thomas_Somo _Business Why is Spain not using that money to build their own renewable energy and leave us with our coal fired power stations, because we have enough coal to last us until Jesus Christ come back?

_Business Terrible. We have all the means to produce energy without this bullcrap. What does pledge mean in this case. Lend? Give? This will be blown on frivolity and hard working South Africans will have to pay the debt.

_Business Not a single cent of this will actually go to helping average South Africans, ANC cadres will pocket it all.

_Business 1M to project, the rest to bonuses for the failed project.

_Business They don't have a single solar power station

_Business nothing for mahala

_Business In return for? Nothing is for free.

_Business 'Spain has pledged R42 billion to help fund ANC mafias,they're families,friends and they're Slay queens in South Africa, as well as Tenderpreneurs.' This how it should've been put.

_Business Money is already gone straight to ANC cadres lol

_Business Spain as a country is broke itself 🤣🤣

_Business Hopefully there will be something to show thereafter!!!

_Business Please tell them to keep their money, asiyifuni🙅🏾‍♀️🙆‍♀️... izonyamalala, we have ppl with sticky finger 🤦‍♀️

_Business Please God the R42m doesn't fall into the hands of the ANC -- they'll steal it all.

_Business We dont want that😤😤😤😤

_Business ANC looting it all.

_Business *whoosh* It's looted. Anyone donating willingly to this thieving government deserves to be fleeced.

_Business For what in exchange?

_Business That’s very nice. Hopefully it doesn’t land up in somebody’s furniture instead. 😏

pmcafrica _Business Then people will pay an arm and a leg for those services.

_Business Gone already!!

_Business Will the south African economy even see a 42c from it

_Business Instead Spain must use that R42B to remove Itself from occupied Morocco How GovernmentZA _cosatu _AfricanUnion MYANC recognize Spain sanchezcastejon cg_cabo which continues it's occupation of Morocco. Eskom_SA & TreasuryRSA must not light SA with colonialist money

_Business Tender tender

pmcafrica _Business All the pledges just before the BRICS summit whats the catch 😂😂😂

dlakavu19 _Business Take it to phalaphalafarm for safe keeping.

_Business And pigs can fly...only vrot cyril will believe it

_Business ANC Hyenas are sharpening their teeth now

_Business Who asked them&why?

_Business America and Europe had 74 visits to Africa this year which more greater than past five years combined.This guys are cooking something to detonate our continent.We must join bricks all of us and leave the asshole with their riches they got from enslaving our ancestors.

_Business Wasting Energy and Money

_Business Voetsek,they must that money to that cocaine addict Zelensky

_Business The question we should be asking is what are the conditions for this generous pledge?🤔

_Business What's in it for them ?

pmcafrica _Business Inkulu indaba la🤞🏾

_Business Spain running out of bulls to fondle 😄 now they want our lobola too

TomiRikhotso _Business Why?

_Business Lol Spain Dont know us yet. Say goodbye to your money

_Business Bafunani?

_Business that amount is tuu much is what for

_Business Please don't! Stop sending money to SA. It just ends up supporting criminals.

_Business Welcome Spain , the latest colonisers 🥱🥱

_Business if Spain is investing in our green energy initiatives then what's their catch?🤷🏾‍♂️ obviously there must be ROI in a deal especially of such large amounts of money 💵

_Business We don't want it, let's stick to our coal plants

_Business Wasn't Kamala Harris just here, did the US offer any help? As an American I`m disappointed. I think I read somewhere that the US isn't going to supply fuel for the reactors anymore 🙅‍♀️

_Business We don't want it Akere Zim is making batteries now

_Business Yho the Porsche dealerships are going to get busy once that cash comes in viva MYANC viva!!

_Business why?

_Business Hhay hhay 😲 in return for what🤔 anyway Spain will probably don't care but we not going to receive any of these investments. CorruptionGotSAInPoverty

_Business Spain please keep that money until we vote next year.

_Business You can tell by the amount of money all these countries pour into SA to resolve energy crisis that they want us to move away from Coal so bad that they are digging deep iside they're pockets so that they can have all the coal for themselves

_Business Why? Nothing for mahala

pmcafrica _Business For free or is it a high interest loan?

_Business With respect, this is unlikely to materialize.

_Business Oh dear! So who gets the tenders?

_Business They must buy coal instead of pledging to fund renewable, south Africans are not stupid, our government is and corrupt.

pmcafrica _Business MYANC - right now 😂 Aloota continue

_Business Is Spain that rich kanti? Also for what in return?

_Business What do they want in return? But rather deal with Spain than China or Russia.... and Cuba (the latter is a nice country and I want to visit but government sucks)

_Business

_Business Can someone please warn the well meaning Spaniards of what's going to happen to their? The caders are probably frothing at the mouth already.

_Business SpainGov please don't, the corrupt ANC govt will find a way for your money to end up in their pockets with absolutely nothing to show for it. We've see this movie before played over and over again.

pmcafrica _Business For what good reason?

_Business Lol the anc stolen 500bn via Eskom! Anc are thieves dressed in beggars clothes!

pmcafrica _Business Why?

pmcafrica _Business Tell them to fund Barcelona they need more than us.

_Business Most will land in crooked pockets and over charged goods

_Business Surely Spain is getting something in return for their 42 billion going to corrupt government

_Business What did we sell now ...?

_Business Whaaaat. They need that money more mosss. Bafunani in exchange laba

pmcafrica _Business And what are they aiming to benefit?

_Business Why though?

_Business The outside world sees 👀 us differently than ourselves... this government must be doing something right... any counter?

_Business They must give it personally to Ramaphosa...so he can account for it.

_Business Why?

_Business Spain? What's the gain?

_Business Don't they have the poor in Spain? What's in it for them?

_Business Time for African Rainbow Energy & Minerals and Co. to rise & shine.

_Business Whenever I see a country “pledge money” to SA, the only thought that goes through my mind is, filling the trough for the comrades to feed off again🤮🤮🤮

_Business The great coal short.

_Business Are they giving the money to the anc? Bye bye

_Business In exchange of, coal as well?

_Business Free lunch 🤨

_Business MYANC

_Business

_Business This is not a grant it's debt which comes with conditions, Spain companies going to get 85% of the contracts.

_Business

_Business Etlo jewa daai zaka

_Business It will be stolen ,obviously!

_Business So how many countries have invested and pledged thus far ? We know where that money is going to go 🤥

_Business Why?

_Business Another Loooooootind Spreee. 🤮🤮🤮🤮🤮🤮

_Business Sibonge kwi Spain bakithi🤣🤣❤️

_Business Uhm what's the catch?

_Business Why?

_Business Ramaphosa has sold our county to imperialists

_Business That's what Minister of Electricity Kgosientsho_R was hired to do, give us bad feedback about EskomSA_ generation so that they can opt for Renewable Energy....

_Business In exchange of what? Our coal

_Business 🤣🤣🤣🤣 just nje ?

_Business They really want us to forget about our coal so that they continue using it as the backbone of their energy matrix. Who makes the decision to accept or decline it here in SA and how can we stop him?

_Business What are they getting in return?

_Business Spain is about to find out how quickly R 42billion can get stolen.

_Business 🤦🏾‍♂️

_Business The loan is dodgy and the beneficiaries are dodgy. Something else is going on here.

_Business No electricity in winter type of electricity

_Business These ANC people are very lucky, can you imagine being given a 42billion to share with group of friends

_Business Spain has to apply due-diligence very carefully. The anc government, comrades, cadres and cronies are standing in line at the feeding throughs to devour this graceful source of funding!

_Business Good god who will oversee the accountability? Who will be the guardian

_Business Thatll be stolen before it even gets here. ANC cadres planning their next holidays already

_Business Mmm wonder why.?

_Business In return of?

_Business Spain has LOANED R42Billion...🙄🙄🙄

_Business

_Business Pretty sure Zim, Kenya or Zambia can do with that money.

_Business Spain 🇪🇸 we don't want your money

_Business Why?

_Business Oh dear. Who's controlling the purse strings 🤔

_Business ...we have plenty of coal, no thanks!!!

_Business Thy must go to Hell...

_Business This is worrying. We are f***d

_Business Please let there be monitoring of those funds to ensure that it is used for what it is meant. Otherwise those fund will vanish in thin air or into ANC coffers

_Business Why South Africa 🇿🇦🌍?

_Business We don't want their filthy money

_Business Ramaphosa and his cabinet are going to chow those billions without any remorse....

_Business Electric vehicles when we don't have electricity? We need loadshedding to be put to an end. No fancy names to things and stuff....

_Business All to be stolen. Not 1c will go to where it's been pledged for

_Business The whole bankrupt Spain 🇪🇸 🤣

_Business Economic hitman

_Business What do they want🤷🏽‍♂️

_Business NATO really wants South Africa in their pocket. 🤔

_Business ANC caders are going to spend their easter weekend shopping at the Merc dealerships again

HMashikara _Business 'Infact aid is part of the problem' ~President Museveni

_Business Abazuyibhubhudla marn 🙆

_Business TshepoTsoane

_Business It looks like this country is for sale and everyone around the world is getting a piece except South Africans.

_Business Spain not going to see any ROI. We don't have time for electric vehicles. We cnt even keep lights on. They must keep their money or if they want to lose it, rather build homes and help with infrastructure as a donation to the needy

_Business Gracias jennyya_r

_Business Can’t they upgrade their energy first? 🤣

_Business Where do I sign up for a tender

_Business Asiyfuni tsek

_Business Can't they just come and buy, no investment or bcs we going to lose more of our precious minerals through the so-called 'investment' but bcs we are already up for sale like debonairs everyone tuck in, Luthuli House will just sign off nje, 🚮🚮🚮

_Business Lol, large scale theft and corruption loading! Viva South Africa, viva!!

_Business Now loans are coming in the name of 'investment '....yeah neh ke South Africa (ANC) Bafhwethu!!

_Business South Africa has its own R3 trillion they can do that themselves,They don't need NATO country

_Business No such thing as free lunch. What do they want in return?

_Business In return for what?

_Business Wonder how much money f that 42mil will make it past the trough…..

Dlula_B _Business We don't want it

_Business Oof

_Business South Africa must increase the price of coal as it is in the high demand at overseas this thing of loaning is not helping because we don't even see that money

_Business All these pledges are motivated about getting in early in the renewable energy industry and capturing the market, while countries such as SA are still developing the technologies. We have the coal resources, lest stick to them for the next 20-30 years😁

_Business So 4.2 million will be used and more than 41 billion will be looted right!

_Business Tsek!

_Business I've been to Spain. They definitely do not have 42 billion lying around so what's this money REALLY for?

_Business What do they stand to benefit?

_Business These nations are desperate for our coal reserves hey.

_Business I wonder where China, Russia and Iran are with their funding?

_Business Shame Spain, they are wasting their money someone tell them

_Business The whole of Europe is reverting back to coal n poor lowly Spain wants to help naive SataFrika to clean energy. Ke masep'a eng a🤷🏾‍♂️ Fcuk just-energy-transition nonsense💩🚮

_Business Oooops!!🙈🙈🙈🙈 Should we tell them? 😵‍💫

_Business What do they want in return

_Business MogaleBK

_Business South Africa is not a test tube of the world

_Business We have coal to power ourselves. Let Spain keep its money let's keep our coal

_Business Spain? The black nation of Spain?

_Business Is South Africans actually gonna see anything/No Loadshedding or is it gonna be like in the past, countries give huge funding & we still stuck with Loadshedding....

_Business What the FUCK?!

_Business Suckers.

_Business Sifile yizilweletu asisakwazi kukhona. Uma kuwumnikelo siyabonga 🙌

_Business Hope they're asking for detailed invoices as to where it is being spent!

_Business Hahahaha madness! R42B will end up same place that covid money went... Down a neverending hole! Lol

_Business They must shove it were the sun don't shine

_Business What do they want in return ?

_Business It's much deeper than folk thinking that the ANC will steal... Think WEF and JP Morgan. Sinister.

_Business With all our resources we should not be taking handouts from anyone.

_Business Yeah! In return they get what?

_Business Why?

_Business So R1 Billion will actually be spent on renewable energy, battery storage, transmission, green hydrogen and electric vehicles. R41 Billion is for 'eating'.

_Business Ramaphosa ke marete I'm telling u.

_Business At what cost cause we all know there is a ulterior motive to all this .

_Business A pledge means nothing Amber .. 🥶

_Business Here I fixed your headline for you...' Spain has bribed the corrupt insect ANC government with R42bn in order to take our coal from us and leave us with nothing...'

_Business Yoh

_Business The ANC will steal all the money before anything happens

_Business That money will land on the politicians hands and disappear forever 🤞

_Business Shouldn't you be asking WHY?

_Business 42 billion given for everything you said we needed. 42 billion spent on Jacob and he's cousins new house cars 5th wives new teeth gold toilets and much more much needed fine living in the ANCs so caled necessities.

_Business Money will disappear, No Accounting 😂🫢

_Business This investment will create jobs ,grow the economy and industrialize South Africa further , not Russia busy supplying poor African countries with weapons

_Business SA will maintain coal as baseline no matter what the US and the West does. If Cyril takes all these monies, he will account for it eventually.

_Business Nice

_Business What are they getting in return?

_Business Because SA is a child

_Business There’s probably 2 billion left for renewable energy and 40 billion is shared amongst crooks

_Business Ramaphosa is not to be trusted

_Business Why are we ditching coal, I see an increase in coal smuggling.

_Business Here in black and white, daylight Re-colonization. Rich European countries want to WEAN off South Africa from coal, a cheap energy source crucial for powering up SA's industrialization agenda. These countries are rich because of cheap energy but don't want SA to do the same.

_Business Pls pls pls can we have honest politicians and ministers manage this funding 🙏🏽

_Business 👀

_Business Bazoyidla

_Business Europe ceeating nore jobs in RSA than the ANC. Given the current Eskom situation we should welcome this.

_Business Better keep an eye on that money. Greedy hands are being rubbed together in anticipation to eat that money.

_Business And that time Spain is running on renewable energy right? They have decommissioned all their coal power stations right?

_Business R42 billion to be looted soon.

_Business 40 Bill 💵 is for the cadre...

_Business And they getting what in return...coal welcome to the fools world!

_Business Every reasonable person who follows European politics would know that Spain is virtually bankrupt

_Business CyrilRamaphosa's corrupt thieving spineless useless MYANC cadres are licking their lips for that money... thanks Spain well done✊

_Business Because they want Our coalcoala

_Business Sick and tired of this... electricity is unaffordable in the meantime out there.. Let them keep those solar farms and wind farms.. they bring poverty and shortages... Oh and this, we are WARNED.

_Business Why they don't use it that money in Spain ? They should make Spain green enough then see how it works and export same , if workable. I doubt is ' help ' . It is loan and what works for them might not work for others. They will never learn that basic principle

_Business Why....does Spain have enough

_Business Those asking in exchange of what? What exactly do we have to offer truly? The ANC has turned this country into a banana republic the least we can do is ensure we vote them out in 2024 so these billions can be used for their intended purposes

_Business Just keep those funds far away from the corrupt MYANC please. VoetsekANC ANCisCORRUPT

_Business Nonsense

_Business Don't let Mantashe know about it...

_Business This is pie-in-the-Sky stuff. What works here in Europe isn’t going to fly in RSA and that money will disappear!

_Business Does Spain know that SARS apparently collected 2 trillion? Where will that money go again?

_Business What's in it for them, there is nothing for mahala

_Business spanishembassy . Please, please, please do NOT give any money to the ANC thieves. They will just steal it, like they aways do.

_Business While they took our coal to their lights on as results of power in our country ramaposa

_Business Why would they do that? They must do it in their own country

_Business Fokof

_Business Spain must leave us alone.

_Business We must be very cautious dealing with these nato guys. .

_Business They should fund that renewable nonsense in Spain. South Africa has to completely reject this nonsense

_Business Haibo, I'm sure South Africa will never see this investment- anc all planning the heist🤐🤐

_Business Comrades here comes money to campaign for next year's election. ANC_Mafia covered

_Business What's the meaning of 'Pledged'

_Business Do they not know about the corruption here or is it for other purposes

_Business So 15 billion will end up actually being used for the ' energy ' and the rest of it we all know what's going to happen there

_Business It’s a loan, not a donation!

_Business That’s money for 2024 elections campaign by…you know who

_Business Please allocate the money to the DA. At least they won’t steal it

_Business More investments yield more job creation

_Business Hooe that money will not get deposited in any government account. We know how quickly that will find wings!!!

_Business Everybody wants to buy this country! Bid after bid!

_Business Government licking there lips , more corruption

_Business Damn Europeans giving us money.

_Business Billion after billion kanti bafunani laba?..

_Business “ Why” We hate the west don’t they understand. This must be rejected as we only do business with our friends in Russia, China and Cuba. YES.

_Business What do they have to gain in all this? Tell us, don’t be shy.

_Business At what costs?

_Business Let’s take it only from BRICS

_Business Debt debt debt and more debt… why do we sign up for this stuff… we need power , Nuclear is the cheapest form! Sign up for that please

_Business It seems like money is being thrown at South Africa eversince the growth of BRICS, not sure what they want in return

_Business They are fools. Why they do that? R40 mil will be stolen by the corrupt ANC government. Guaranteed

_Business Another Looting 😭😭😭

_Business We don't want their dirty money We will use our own coal

_Business They gave that money to anc not SA...

_Business Spanish government should keep their money no need to waste it on the useless ANC government

_Business Give and take...

_Business SA is a playground clearly 😂

_Business Mxm

_Business In exchange for what?

_Business I guess I will be renewing my ANC membership, 💰 🤑 💸 💲 🪙 💶

_Business And what's the catch? what will they be benefiting

_Business Since the brics country plan to use their own currency Europe they act like they want to invest in SA why🤔🤔🤔

_Business Don't give it to the government, please! Rather, come do the work yourself. Thanking you in advance

_Business Awu Spain sizopha I ANC imali nje what🤞🏾🤞🏾🤞🏾🤞🏾

_Business It's a problem in South Africa... So South Africa owns a lot of country out there nd this again, we a been sold to another country soon..... South Africa said it had agreed to a $4.3bn loan from the IMF. R700 Millions now Spain again

_Business Fusek

_Business Hope it's not channelled through gwedes mates.... And is though private sector partnerships...

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