Novel Development Plans for Bo-Kaap and District Six Passed
DA councillors vote plans through but residents say they haven’t had time to study them.
Schools urged to play a role in reporting child abuse
The Department of Basic Education (DBE) encourages teachers to play a proactive role in identifying and supporting children who raise reasonable suspicion of sexual abuse, as part of fighting gender-based violence (GBV).
5th Annual Luxe Jonsson Workwear Restaurant Awards Winners Announced
On Tuesday, 30 May 2023 South African culinary greats were honoured at the 5th annual Luxe-Jonsson Workwear Restaurant Awards. The prestigious awards, which honour the finest contributions to the South African restaurant industry, were announced to an intimate audience of 100 leading industry figures at the trendy Ethos Restaurant in Rosebank, Johannesburg. Well renowned SA …
Rystad Energy Provides Analysis of African Market Developments in 2023
Energy data and consultancy firm Rystad Energy presented its analysis of Africa's energy landscape on Thursday at the Invest in African Energy Paris Forum, hosted by the African Energy Chamber (http://www.EnergyChamber.org).
Noting that Africa remains vastly under-electrified compared to other regions, Senior Partner Per Magnus Nysveen pointed out in his opening presentation that Africa has 40% of global solar energy reserves, and that Africa has the opportunity to eradicate power poverty just as Asia has done in the past two decades. In 2000 Asia was the most power deprived region globally, with around 700 million people without power.
South Africa's power deficit, he noted, had led to ‘load shedding' (scheduled power cuts) every day so far in 2023, and that the power supply gap had tripled in five years. The country now has a large number of viable projects that need capital and would offer good returns to investors.
Bimbola Kolawole, Vice President and Head of Business Development for Africa, detailed the findings of the ‘The State of African Energy 2023' report that is produced by the African Energy Chamber with data and analysis from Rystad Energy.
Kolawole noted that following the Ukraine invasion, Europe's reliance on LNG imports has grown and African LNG producers, led by Nigeria, Egypt, and Algeria stand to benefit. Although Asian financial institutions currently fund most fossil fuel projects in Africa, European lenders will play a bigger role due to the continent's demand for African gas.
“Last year was a bumper year for the continent's exploration sector, with the Venus, Graff and La Rona discoveries all made offshore Namibia. These mega finds, along with South Africa's large offshore gas discoveries, have driven increased operator interest in Southern Africa.” Kolawole also highlighted the large number of frontier acreages in the MSGBC region and West Africa, as well as the East African coast, that could yield further discoveries.
Over $33 billion in upstream investment was expected for 2022 and estimated growth in upstream expenditure in Africa between 2023 and 2025 is around $15 billion.
“It is particularly noteworthy that, while majors are looking to decrease their oil and gas exposure in West Africa, independents are picking up the portfolios being divested.”
Rystad expects that solar, hydrogen and onshore wind will be the driving forces in renewables investment in Africa in the 2030s and that between 2023 and 2035, Africa will contribute a fifth of global hydrogen generation. Injection of new power supply from renewables investment will be key to tackling the high number of people without access to electricity. Egypt, Morocco and Mauritania are expected to lead in the field of renewables.
Rystad Energy is a partner of the African Energy Chamber for its annual African Energy Week conference, to be held in Cape Town on 16-20 October 2023. Africa's leading energy event is dedicated to eradicating energy poverty by 2030.
Distributed by APO Group on behalf of African Energy Chamber.
How to become your own WISP
How to become your own WISP – By LESLEY COLMER, CEO, Wireless Access Provider’s Association (WAPA) So, you want to become a Wireless Internet Service Provider (WISP), but have no idea where to start? If you thought you could just take your existing internet connection and beam it across the neighbourhood, think again. It’s illegal …
International Children’s Day: caring for society’s most vulnerable
In commemoration of International Children’s Day, the Department of Social Development encourages all social partners, including parents, caregivers, civil society organisations and South Africans from all walks of life, to protect children against harmful practices.
“LONG NARRATIVE SHORT”: WILLIE NELSON 90 The Concert Event of the Year, Exclusive to Ster-Kinekor
01 June 2023 – The legend of Country and Western music, Willie Nelson, celebrated his milestone 90th birthday with a star-studded, two-day concert event. This historic concert took place on 29 and 30 April 2023, before a sold-out crowd at the legendary Hollywood Bowl in Los Angeles, California. It was also recorded live for a …
Date night cuisine the secret ingredient to a contented relationship
It can become easy to sacrifice family time when you are consumed with ticking that next box at work. With our “always-on” mentality, it is a fact that our working lives have become so intertwined with our personal ones that we run the risk of not spending enough time with our special someone. Thankfully, the …
Limpopo to procure a recent academic hospital
Premier Chupu Stanley Mathabatha has handed over a site for the construction of the Limpopo Central Academic Hospital in Polokwane.
Motorcycle community grows with more Ladies riding
The Gauteng edition of the International Mass Ride in honour of International Female Ride Day (IFRD) took place in May and was universally acclaimed as a success. Participants reported that the excitement levels were already rising in the run-up to the event, and that the combination of the rides (both on-road and offroad) to the …
Glencore Ferroalloys supports local SMME in Steelpoort with two 65-seater busses.
Glencore Ferroalloys supports local SMME in Steelpoort with two 65-seater busses. 30 May 2023 – Glencore Ferroalloys’ Lion Smelter donated two 65-seater busses to local SMME Moeding Transport as part of its Enterprise Supplier Development (ESD) Programme. The investment is part of the Glencore’s ongoing efforts to support local black-owned businesses in and around their …
NO to taverns in central East London
“We don’t want a repeat of Enyobeni”
Fitch Ratings maintains Eskom at ‘B’ with stable outlook
Eskom has welcomed the decision by American credit ratings agency Fitch Ratings to keep the power utility’s rating at ‘B’ with a stable outlook.
Exciting brand relaunch and line-up of top SA surfers planned for first-ever Cutty Sark Pro!
South Africa’s surfing fraternity, from groms to pros, will be heading to Scottburgh on the KZN South Coast for the inaugural Cutty Sark Pro surfing contest taking place on 10 and 11 June in front of Premier Resort Cutty Sark. The event, which is presented by SMTH Shapes, forms part of the exciting Ocean Festival …
7 ways Renishaw Coastal Precinct will benefit the KZN Mid-South Coast communities
The 1 300-ha Renishaw Coastal Precinct being developed on the KZN Mid-South Coast will not only provide much-needed secure housing for local residents, but is set to reignite the local economy through several key sectors. Consisting of five nodes surrounded by conservation areas, plans are in place to develop Renishaw Coastal Precinct into a mixed-use, …
Vuk talks to the people
Vuk’uzenzele Newspaper recently had the opportunity to engage young people through its Vuk Talks initiative which was set under the theme of encouraging the youth to join the artisanship sector.
The scene is set on the KZN South Coast for the Greatest Shoal on Earth!
The temperatures are dropping and the aloes are in full bloom along the KZN South Coast which means one thing – the annual Sardine Run is on its way! Anglers, seine netters, divers, and spectators are already heading to the Paradise of the Zulu Kingdom in preparation for one of the planet’s biggest biomass migrations …
A Whole Lot of Currie Cup Ifs!
Seven teams remain in playoff contention as the Currie Cup Premier Division reaches the penultimate round, while the league phase of the First Division and Mzansi Challenge culminates with three matches, in Potchefstroom, Mdantsane, and Windhoek as a handful of teams are still in the hunt for reaching the playoffs. The Cell C Sharks and …
SA Youth Sailors off to Brazil for 2023 Youth Sailing World Championships
Five young sailors have been selected to represent South Africa at the 2023 Youth Sailing World Championships in the coastal resort town of Armação dos Búzios, Brazil from 8-16 December. Taking to the water in the girls’ 29er class are sisters Ingrid and Lena Holm. “At the moment we are quite busy with school so …
A Step-by-Step Guide to Splendid Lashes at Home
Lash extensions have become a popular trend in recent years, giving your eyes a glamorous and alluring look. However, professional lash extensions can be expensive and time-consuming to maintain. If you’re looking for a more budget-friendly option that you can do at home, DIY lash extensions might be the perfect solution. In this blog post, …
Knorrox Luncheon Introduces Modern Knorrox Fortified Range to produce nutritious eating more accessible.
The Knorrox cubes and stock powders are now a source of iron, while the Knorrox soya mince range is a source of zinc. The recent Knorrox Luncheon celebrated the launch of the new Knorrox fortified products, bringing together the nation’s diverse culinary traditions and promoting essential nutrition in a flavourful way. Four panellists, Dr Xolile …
Will You be One of the 333?
The new Golf R 333 Special Limited Edition model limited to 333 vehicles is based on the Golf R Performance and packs a real punch with an output of 333 PS (245 kW). The necessary driving stability and traction of the all-wheel-drive special-edition model are ensured by a host of high-quality equipment features such as …
Elevate Your Brand: The Power of Branded Corporate Clothing
In the competitive world of business, companies are constantly seeking ways to distinguish themselves and gain an edge. One unique, yet often overlooked, strategy involves the use of corporate clothing. When adorned with a company’s unique branding, corporate clothing can serve as a powerful tool to set a business apart from its competition. Perkal, …
Child protection services raise alarm on funding shortfalls
Funding for child protection programmes in the Western Cape has not kept pace with inflation