Page 26 - Bid Window News Today

The Commodity Finance Data Report 2021, which comprises an in-depth overview of commercial loans in the commodities industry, was published this week. Here are some of the highlights.

South Africa intends to pursue all its options to secure energy supplies, including gas and coal, despite external and internal pressures.

Yesterday, we were honoured by a right-wing blue party asking for our heads instead of focusing on our ability to execute. All this did, was to confirm that we must work harder and that we are on the right track to the irritation of the DA.

President Cyril Ramaphosa is optimistic about South Africa’s clean energy future and he made no mention of any new coal plans in his State of the Nation Address. However, environmentalists expressed concern at the low priority he seems to be giving to the climate crisis

This year, for the first time since the dawn of our democracy, the State of the Nation Address is not being delivered in the Chamber of the National Assembly. As we entered this new year, a huge fire engulfed the seat of our democracy. 

President Cyril Ramaphosa’s cabinet has approved amendments to the Electricity Regulation Act for public comment.

Some two years after the country was placed under a National State of Disaster, government is ready to lift the remaining restrictions following widespread calls to review the country’s response to the Covid-19 pandemic.

In his report-back, the President will focus on the vaccine drive, his presidential jobs plan, the switch to digital and licensing of spectrum.

"In addition to closing the energy supply shortfall, we are implementing fundamental changes to the structure of the electricity sector."

The president promised that the state will act on the findings of the Zondo commission and vowed to cut red tape to facilitate job creation