- Sipho Hlongwane
One of the thing s forecasters try to do is to identify “tipping points” or points at which an issue within their field of expertise crosses a certain threshold after which change is inevitable. Investors try to predict tipping points most of us can only identify them long after they have already happened. The privatization of Eskom - or parts of it- is a recurring topic. Is it about to happen? By DIRK DE VOS
An internal directive by South African Bureau of Standards CEO Dr Boni Mehlomakulu in 2015 requires that SABS Test House only perform “full testing” in future, and puts an end to “partial testing” by the SABS. This has elicited outrage from a wide range of industry associations in the electrical engineering sector. By CHRIS YELLAND and PIERRE POTGIETER for EE PUBLISHERS.
The ANC government’s fixation with its developmental state as the apex service delivery vehicle is proving to be the major impediment to the delivery of South Africa Connect, an ambitious and inclusive broadband policy to connect 100% of the population to high-speed communications infrastructure by 2030. By MARIAN SHINN.
In further developments in the ongoing dispute of a R5-billion contract award by Eskom to Areva, Westinghouse has opposed their applications to the Constitutional Court for leave to appeal a Supreme Court of Appeal (SCA) judgement on 9 December 2015. The SCA judgement had set aside the contract, declared it “unlawful”, and ordered that it be remitted back to Eskom for reconsideration. By Chris Yelland and Aimee Clarke for EE PUBLISHERS
Drought, fire, high temperatures and strong winds have wreaked havoc in the Western Cape’s farming sector, with the fruit and wine industries suffering substantial losses. The province will need a substantial bailout if its farmers are to survive, it was revealed at a briefing on Wednesday. By MARELISE VAN DER MERWE.
Identity theft and fraud are a major problem online. We all have friends and family who have fallen victim, if we haven’t experienced it ourselves. But what if someone came along and turned the existing security model on its head, so that our personal information was better protected and we didn’t have to pay for the privilege? Meet South African serial entrepreneur Vinny Lingham. By MARELISE VAN DER MERWE.
Our economy is barely avoiding recession (perhaps it isn’t) and our existing borrowings and a declining credit rating, just a notch above junk status, means that the government has no more fiscal scope to spend its way out. What is also clear is that the type of government established by our Constitution is an expensive one to run. The only way out of our long term hole is to grow the economy, but our economy cannot grow unless big changes are made. And if we do not make changes ourselves, our creditors will impose them on us. By DIRK DE VOS.
Christine Lagarde has been endorsed to serve a second five-year term as managing director of the International Monetary Fund. The endorsement, by the British Chancellor of the Exchequer, George Osborne, came almost immediately after the IMF announced the start of a three-week nominating period for candidates. Lagarde’s current five-year term ends in July, and she is widely considered a sure bet for the second mandate. By ISMAIL LAGARDIEN.
In a policy brief published by the Medical Research Council on January 5, the medicinal value of cannabinoids was officially – and historically – recognised in South Africa. Three days later, the president signed into law the Medicines and Related Substances Amendment Act of 2015, a piece of legislation that theoretically allows Big Pharma to feed our dagga to us in pill form – or, if we like, through a straw. KEVIN BLOOM reports.
Could there be any safety issues arising from delays in the Koeberg steam generator replacement project, and continued operation of the Koeberg reactors beyond the planned outage deadline of June 2018 for the replacement of the steam generators? That is one of the questions Eskom is simply not prepared to answer publicly at this stage. By AIMEE CLARKE and CHRIS YELLAND.
India expects to seal a contract with Westinghouse Electric Co LLC to build six nuclear reactors in the first half of next year, a senior government official said, in a sign its $150 billion dollar nuclear power programme is getting off the ground. By Sanjeev Miglani and Paritosh Bansal for Reuters.
Thabo Tsolo's house is a fading middle class property in a fading middle class neighbourhood in an old part of Johannesburg, with views of the same mine-dumps around which South African Breweries was born. On a Sunday in late November, Tsolo’s outdoor carport was transformed into a command centre. The Tsolo residence served as the unofficial headquarters of a movement called Golekane! (Tagline: Enuff is Enuff!) Inaugurated by Seipati Tsolo, Thabo’s wife, in 2012, Golekane! included at least 140 former ODs, the widows of eight deceased drivers, seven current contractors, and sundry lawyers and politicians. It’s one of innumerable hashtag-free, self-generated special interest groups that assemble in communities across South Africa every weekend. Democracy at work; revolution by a thousand cuts; epic whinge-fest: call it what you like, but Golekane! was formed to wrestle back a measure of the agency that was lost—Seipati would say stolen—when Thabo Tsolo signed that contract back in 2009.
International solar power developer Abengoa (NASDAQ: ABGB), with three concentrating solar power (CSP) projects in South Africa, started insolvency proceedings on 25 November 2015, perhaps signalling an overheating of the global renewable energy sector, and a correction in the trajectory of adoption of renewable energy in the face of reduced prices for fossil fuel-based energy from coal, oil and gas. By CHRIS YELLAND and PIERRE POTGIETER, EE Publishers.