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Electricity Shortage

  • The rand rebounds, but with pressures still weighing, where to now for the currency?
  • The rand has managed to claw back some of its losses as the dollar weakened slightly. And it looks like the local currency may be benefiting from yesterday's trade account data. But the rand's future is looking grim. Let's take a closer look at what's going on… A weaker dollar helped the rand regain some ground After closing in New York last night at R12.1325, the rand has cli... ››› more
  • [01 April 2015]
  • South Africa's power supply problems put pressure on business confidence
  • Earlier today, the South African Chamber of Commerce and Industry (SACCI) released its business confidence data for January. The data, as measured by the business confidence index (BCI), showed the worst start to the year since 1997. There are a number of economic reasons for this, including the negative impact of load shedding. Let's take a closer look at what the data revealed… ... ››› more
  • [05 February 2015]
  • The rand wobbles ahead of Fitch's credit rating decision amidst Eskom troubles
  • Yesterday, the rand continued to weaken against the dollar. This saw the local currency hit fresh six-year lows. This week, the rand has battled as traders worry about the chance of another downgrade in South Africa's credit rating by Fitch Ratings. Not only that, Eskom's problems are weighing on the government's finances. This is putting fresh pressure on the currency. Let's take a close... ››› more
  • [12 December 2014]
  • This must be one of the best renewable resource opportunities I've ever come across
  • Just think of your household rubbish bin and how much you throw away every day! Paper, plastic, food, garden waste, the list goes on and on… But what if I told you our endless growing rubbish heaps could end up producing electricity to keep your lights burning? Rubbish IS the clean electricity of tomorrow! Did you know that decomposing waste on landfill sites releases methane gas? ... ››› more
  • [29 August 2013]

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