Clarity needed on why Eskom solar project on hold

Eskom's decision to postpone signing a 20-year power purchase agreement (PPA) due to a stable power grid has raised concerns in the energy sector.

This comes amid rumours of South Africa possibly going nuclear, a decision which Treasury insists the country cannot afford. In 2014, Minister of Energy (Tina Joemat-Pettersson) announced that South Africa had signed a nuclear partnership agreement with Russia and it's state nuclear energy corporation, Rosatom.

702's John Robbie spoke to Chairperson of the SA Photovoltaic Industry Association, David Chown, about the implications of the postponement in signing the agreement with Redstone Solar Thermal Power Project.

The South African Photovoltaic Industry Association is a non-profit organisation concerned with contributing to the country's renewable energy sector.

Listen here for the interview:

We need to understand why they [Eskom] don't want to do this because it does signal something for the rest of the projects waiting for their signature date.

David Chown, South African Photovoltaic Industry Association

The knock on impact that it does have when we start talking about investor confidence is not to be underestimated.

David Crown, South African Photovoltaic Industry Association
Read More
UK takes action after report reveals 1 in 3 homeless people are abused

UK takes action after report reveals 1 in 3 homeless people are abused

The repert has also revealed that there are an estimated 190 000 people who are homeless and not receiving assistance.

Barack Obama scraps US surveillance systems on Arabs and Muslims

Barack Obama scraps US surveillance systems on Arabs and Muslims

The move comes after Donald Trump said he would introduce a registry to closely monitor immigrants in the US.

Private security firm that responded to FNB robbery, saw nothing untoward

Private security firm that responded to FNB robbery, saw nothing untoward

The bank has not disclosed the value of the safety deposit boxes that were stolen during the heist.

What's Bafana Bafana's future now that Mashaba is booted out?

What's Bafana Bafana's future now that Mashaba is booted out?

Mashaba was dismissed following a disciplinary hearing during his suspension in November.

Are you a victim of an online scam? Find out what to do next.

Are you a victim of an online scam? Find out what to do next.

A client was a victim of an online phishing scam and managed find recourse after a call centre agent rejected his claim.

2016 news wrap: A look back at the stories that grabbed SA's attention

2016 news wrap: A look back at the stories that grabbed SA's attention

Barry Bateman spoke to Stephen Grootes to unpack the meaning behind the stories that dominated the headlines in 2016.

Popular articles
Money makes the world go 'round (but sex makes it spin!)

Money makes the world go 'round (but sex makes it spin!)

Bruce Whitfield interviews "Dr Eve" Wasserman about her attitude to money (hopes and fears, successes and failures, etc).

Earn peanuts? How to best invest very small amounts...

Earn peanuts? How to best invest very small amounts...

Got a spare R200 or R300 a month? Here’s how to make that money work hard and grow…

It's not the end of the road... Top tips to improve your matric

It's not the end of the road... Top tips to improve your matric

"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.

How Naspers paid peanuts for Tencent (China’s most valuable company)

How Naspers paid peanuts for Tencent (China’s most valuable company)

In 2001 Naspers invested $32 million in (then tiny) Tencent. Learn more about the wildly profitable Chinese behemoth...

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?