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loanlatest news & developments
South Africa needs to change its top-down approach, consult communities and fast track the delayed Integrated Energy Plan
GRANT FUNDING

South Africa gets more funding for the just energy transition

How the government plans to repay the money is being questioned

  • Mandisa Makgakga
2 min read
The Presidential Climate Commission has objected to extending coal-fired power stations beyond their natural lifespan. (Waldo Swiegers/Getty Images)
DEBT

How Eskom’s growing debt will bite consumers

The power utility, already burdened by a debt of R396‑billion, has taken on a R9-billion loan from the World Bank, causing economists to warn of tariff hikes

  • Mandisa Makgakga
6 min read
The Covid-19 lockdown slowed the economy to a point where businesses across all sectors are operating below capacity. (Delwyn Verasamy/M&G)
COVID 19

South Africa gets R11-bn booster shot from the World Bank to fight Covid-19

As the country battles the pandemic, the World Bank loan will assist to boost the economy

  • Anathi Madubela
2 min read