I suppose we should say it’s better late than never.— Happy Masondo, Director (Energy and Infrastructure) - Werksmans Attorneys
Businesses will soon be able to generate their electricity and feed it into the grid.
Energy Minister Jeff Radebe told the National Energy Regulator of South Africa (Nersa) to license applications from businesses to do so.
This change in policy will help ease South Africa’s severe electricity supply constraints and open the power generation market to private entities alongside Eskom.
Listen to the interview in the audio below (and scroll down for more quotes from it).
It would be devastating [if the economy goes into recession again due to load shedding] …— Happy Masondo, Director (Energy and Infrastructure) - Werksmans Attorneys
Hopefully, by the middle of July, we’ll see applications being processed by Nersa… There ought to be many, many applications that are pending…— Happy Masondo, Director (Energy and Infrastructure) - Werksmans Attorneys
Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning:
Recommendedby NEWSROOM AI
Madisa will soon become Bidvest’s CEO and the only black woman CEO of a JSE Top-40 company. At 39, she’ll also be the youngest.
Consumer journalist Wendy Knowler uncovered evidence of banks sending dealer principles on holidays abroad for hitting targets.
Lumkile Mondi (Wits), Ferial Haffajee and Busisiwe Mavuso (Business Leadership SA) on the President's upcoming "slim" Cabinet.
"It’s been said you can’t bore people into buying your brand. Someone should’ve pointed this out to Dis-Chem," says Andy Rice.
Paris-Sorbonne University accepted Khumo Mampuru into its master’s in quantitative economics course, but he’s €12 000 short.
No more operating system updates and future versions will lose access to Google Play Store, Gmail, YouTube and Chrome.