Following a presentation by Electricity Minister Kgosientsho Ramokgopa on Wednesday, Cabinet directed a further assessment on the electricity situation.
In 2021, Germany, France, UK, US and the EU pledged $8.5 billion to assist South Africa – one of the world's worst polluters – to reduce carbon emissions, including by closing some of Eskom's old coal-fired power plants. The average age of these power plants, excluding Medupi and Kusile, is almost 45 years. Air pollution from these old power stations is estimated to have killed thousands of people in recent years. Read this for free
Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
Rich countries still rely on coal power stations.only those small countries with the population of 80 000 citizens can rely on solar energy
What are “rich countries”? Do these countries have names? Why does always adopt government determined language?
But South Africa's coal exports is up by 300% to 'rich countries' We have 300 years of coal to burn. Either we burn the stuff or the 'rich countries' will.
SA needs electricity now! This is just another excuse not to solve the current crisis!
Let it die! We are dying from this load shedding!
Asof hulle omgee
We dont need these loans Time for SA to say no to the climate scam and walk away from the lunatic West.
SA has billions of USD dollars worth of coal reserves, and they will do anything to slow the country's economic growth. The 'billions of funding' are a carrot on a stick so leaders keep lying to citizens about 'green energy.' We have clowns for leaders📷, they will sellout
Kgosientsho_R we have been using coal for years🙄, CyrilRamaphosa all you care about is the funding
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ramaphosa calls urgent Cabinet meeting to discuss new plan for old coal power stations | BusinessPresident Cyril Ramaphosa will chair a special Cabinet meeting on Wednesday to examine a plan by electricity minister Kgosientsho Ramokgopa to slow the decommissioning of old coal power stations. | News24_Business _Business Mxm _Business CyrilRamaphosa if you don't mind just asking GwedeMantashe1 if there is anything he would like to help with? Maybe installing solar on all GovernmentZA hospitals? I know the old man, is very fussed over 'whose budget is it anyway' but its a humane thing to do _Business So many project options to extend the lifecycle on these old stations like refurbishment, re-implementation, modernization projects, etc but khongolose must eat by decommissioning facilities that are still functional to the detriment of the country, the people and economy.
Source: News24 - 🏆 4. / 80 Read more »
Rolling blackouts have negative impact on business: Business Leadership South Africa - SABC NewsOrganised business has expressed serious concerns about ongoing rolling blackouts in South Africa. Speaking at the Africa Continental Free Trade Area business forum underway in Cape Town, Chief Executive Officer of Business Leadership South Africa, Busisiwe Mavuso, says rolling blackouts have a negative impact on businesses and trade in Africa.
Source: SABCNews - 🏆 37. / 51 Read more »
Luno to shut down Singapore business | BusinessDigital Currency Group’s Luno crypto exchange plans to pull out of the Singapore market and scrap its application for a licence in the city state. | News24_Business
Source: News24 - 🏆 4. / 80 Read more »
Gordhan expects Takatso deal to be concluded in four months, says new SAA chair Hanekom | BusinessThe deal between South African Airways and its chosen strategic equity partner, the Takatso Consortium, will hopefully be concluded within the next four months, its newly appointed chair Derek Hanekom has been told. | News24_Business _Business Please keep up the good work, it was mind blowing when I opened my wallet and saw the profits of ZAR100,000K 😮 from the investment of R20K It's been cool ever since I started investing with you Sir, please follow him now for guidance he's Worthy to be recommend Mrart3rs _Business Hahahaha bring in a whitey to 'ok' the crooked deal will not change a thing. Fuqking corrupt clowns
Source: News24 - 🏆 4. / 80 Read more »