Rising electricity prices, power outages, increasing awareness of the need to reduce greenhouse gas emissions and decreasing solar technology costs are driving the rooftop solar market in South Africa
Load-shedding and electricity prices are projected to double in next five years
In 2019 Sudan’s Omar al-Bashir was ousted after a massive wave of protests. But the generals who replaced him won’t hand over power. Now the flames of revolution are being rekindled.
The price of electricity could go up by 20.5% in April and an upcoming court bid could see users paying surcharges to municipalities
Critics have said the repo rate hike will jeopardise already sluggish economic growth, but others say the gradual increase will have little effect
The decision to hike the repo rate by 25 basis points comes in the wake of red-hot inflation in advanced economies and fears policymakers will start to dial back on accommodative measures
The shift away from the fossil fuel will take time but analysts say it is imperative that South Africa accelerates the process
A new report says power from the hydroelectric scheme is more expensive than energy from solar and wind
But higher petrol and electricity prices are expected to drive up price inflation throughout the economy
Although mismanagement and corruption play a role in the financial state of affairs at municipalities, it is not the only reason they are failing