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Launch of the Western Cape Government’s Capital Infrastructure Delivery Website

Launch of the Western Cape Government’s Capital Infrastructure Delivery Website | Cape Town | Scoop.it
Statement by Helen Zille, Premier of the Western CapeToday, I am pleased to be launching the Western Cape Government’s Capital Infrastructure Delivery website (accessible via the home page banner at www.westerncape.gov.za)Since coming into office ...
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Mail & Guardian: You will pay to bail out Eskom

Mail & Guardian: You will pay to bail out Eskom | Cape Town | Scoop.it

Eskom is in trouble – with seemingly nowhere to turn. The utility is in a funding crisis but government will no longer foot the bill.

 

Financially embattled Eskom has run to the government for additional funding to pay its spiralling bills. But the treasury has refused and said it will not fund the utility from its strained coffers, and the energy regulator couldn't help even if it wanted to.

 

Faced with a shortfall of hundreds of billions of rands, significant delays in bringing new power stations on line, the recent bout of load shedding, escalating costs and now serious talk of a requested bailout, Eskom is in trouble – with seemingly nowhere to turn.

The treasury has made it clear that its cupboard is bare: it does not have the funds to bail out the power utility. Its view is that the state-owned enterprise must fund its additional costs itself or turn to electricity users.

But the National Energy Regulator of South Africa (Nersa), an independent body meant to represent consumers in a tariff determination, is standing firm on its decision to grant a far lower electricity tariff increase than what Eskom applied for. In any event, its hands are tied for another year.


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Naidoo, Jim and Abedian at The Gathering: Time for an economic reboot? | Daily Maverick

Naidoo, Jim and Abedian at The Gathering: Time for an economic reboot? | Daily Maverick | Cape Town | Scoop.it

10 April 2014

The Gathering hosted a discussion on the country’s political economy that proved the dismal science could be a passionate affair. J. BROOKS SPECTOR reports.


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Zille launches Western Cape investment website - eNCA

Zille launches Western Cape investment website - eNCA | Cape Town | Scoop.it
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Zille launches Western Cape investment website
eNCA
CAPE TOWN - A website showing the Western Cape's capital infrastructure investment and delivery in municipalities was launched by Premier Helen Zille on Wednesday.
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Cape Town International gets new R19.8m lounge - News24

Cape Town International gets new R19.8m lounge - News24 | Cape Town | Scoop.it
Cape Town International gets new R19.8m lounge News24 Cape Town - British Airways has officially opened its new £1.1 million (R19.8 million) lounge at Cape Town International Airport, the first in South Africa to be modelled on its Galleries...
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Cape Town International gets new R19.8m lounge - News24

Cape Town International gets new R19.8m lounge - News24 | Cape Town | Scoop.it
Cape Town International gets new R19.8m lounge News24 Cape Town - British Airways has officially opened its new £1.1 million (R19.8 million) lounge at Cape Town International Airport, the first in South Africa to be modelled on its Galleries...
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Google Finance Expands to Spain, Poland, South Africa, Argentina

Google Finance Expands to Spain, Poland, South Africa, Argentina | Cape Town | Scoop.it
Google today expanded its Google Finance product to cover stocks in Spain, Poland, South Africa, Saudi Arabia, and Argentina. As a result, you can now easily follow the performance of indices, stock price movements, ...
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10 African cities with free Wi-Fi

10 African cities with free Wi-Fi | Cape Town | Scoop.it
If Internet use proliferates in Africa at the rate mobile phones did in the early 2000s, the continent stands to add as much as $300 billion to its economic

Via Online Africa
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7 incredible health tech innovations changing the way South Africans live

7 incredible health tech innovations changing the way South Africans live | Cape Town | Scoop.it
In the last few years tech companies have jumped on the wearable tech bandwagon with popular gadgets like the Fitbit or Samsung's Gear Fit. There are also hundreds of fitness apps taking the smartp...

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Cape Business News - Home

Cape Business News - Home | Cape Town | Scoop.it
Cape Business News, is the leading industry, commercial, business and manufacturing specialist newspaper for the Cape. The newspaper provides business readers with comprehensive news on a monthly basis with extensive coverage of the Cape’s general business trends, events, statistics, new products, services and projects. Cape Business News is primarily a promotional vehicle for companies which have the Cape Business community as a primary target market.
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South Africa's Central Bank Warns of Capital Flight Risk - Wall Street Journal

South Africa's Central Bank Warns of Capital Flight Risk - Wall Street Journal | Cape Town | Scoop.it
Wall Street Journal
South Africa's Central Bank Warns of Capital Flight Risk
Wall Street Journal
South Africa's Central Bank Warns of Capital Flight Risk. Bank Says Current Account Deficit Poses a Risk to Financial System.
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▶ Medupi and Kusile power stations under pressure - YouTube

Published on Mar 6, 2014

Pressure for the Medupi and Kusile power stations to come online is mounting. Businesses are expected to run big losses due to nationwide power outages. The Intensive Energy Users Group says disruptions on production - will impact negatively on the export earnings

 


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ESSEC Global MBA: Destination: Cape Town, Western Cape, South Africa

ESSEC Global MBA: Destination: Cape Town, Western Cape, South Africa | Cape Town | Scoop.it
#essecgmba students visit South Africa to learn about doing business in this unique emerging market http://t.co/dKDSFPSKal @StellenboschUSB
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Illegal builders in Cape 'sin now, pay later' - Independent Online

Independent Online
Illegal builders in Cape 'sin now, pay later'
Independent Online
She said the original plan for a five-storey block of flats was approved in 2010, and this included a total demolition permit granted by Heritage Western Cape.
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Are bonds a viable source of funding for REIPPP deals in South Africa? - Robert Gecelter - Investec Specialist Bank

Are bonds a viable source of funding for REIPPP deals in South Africa? - Robert Gecelter - Investec Specialist Bank | Cape Town | Scoop.it

The above question would be of interest to developers of Renewable Energy IPP Programme ("REIPPP") projects. Investec has considered this question repeatedly over the years, in connection with various project finance transactions.

 

The debt capital markets have seemed for a long time to be a real possibility for project finance in South Africa, but we have yet to see much activity, except for one lonely addition in the form of a bond issued by Soitec for their concentrated photovoltaic (CPV) plant earlier on in 2013.

In April 2013, Soitec issued a R1 billion JSE-listed bond to South African institutional investors. In addition, one South African bank is currently publicly marketing a conduit structure where REIPPP bank loans will be repackaged into JSE listed securities. Other than Soitec, practically all the other 47 deals that have closed under Rounds 1 and 2 of REIPPP were financed through conventional project finance bank debt, with some deals using ECA finance. The value of these 47 deals is about R75bn (USD7.5bn)

 

 


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No e-tolls for Western Cape – Sanral - City Press

No e-tolls for Western Cape – Sanral - City Press | Cape Town | Scoop.it
The proposed N1/N2 Winelands Toll Highway Project for the Western Cape will introduce traditional toll booths rather than e-tolling gantries, the SA National Road Agency Limited (Sanral) has said.
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Built in Africa: Via Afrika wants to use technology to educate the continent

Built in Africa focuses on entrepreneurs, startups and technologies that are affecting the continent and empowering African people.

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South African Awards Showcase Impressive Investigations

South African Awards Showcase Impressive Investigations | Cape Town | Scoop.it
Despite a tough environment for investigative reporting, South Africa's muckrakers are turning out some of the world's best journalism year after year. Here are the finalists and winner of the just announced Taco Kuiper Awards, that country's highest prize for investigative journalism. In the awards presentation, Wits University Journalism Professor Anton Harber talked about the extraordinary range of reports submitted, from corrupt officials and crooks to rhino horn smuggling, bad doctors, botched circumcisions, and lion hunting.

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Transnet National Ports Authority Vacancies

Transnet National Ports Authority Vacancies | Cape Town | Scoop.it
Enter Here!


Transnet National Ports Authority 9588085.pdf


PNET TRAININGKerry Ingredients South Africa - Cape Town, Western Cape PNET Training Please ignore…

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Themba Dlamini's curator insight, March 20, 2014 12:05 PM
Transnet National Ports Authority Vacancies
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Why your Website is Boring your Visitors

Why your Website is Boring your Visitors | Cape Town | Scoop.it
Image courtesy of graur codrin/FreeDigitalPhotos.net.
You’ve launched a beautiful website and are starting to drive traffic to it, but aren’t reaching the numbers you want or your visitors leave quickly and you have high bounce rates.

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