How renewable energy spend will cut SA mining investment 🔒
Investments by SA’s mining companies in renewable energy projects to reduce exposure to embattled power monopoly Eskom will worsen a growing lag in response to rising commodity prices.
It is taking SA’s mining companies longer and longer to respond to upticks in commodity prices by building and extending their assets because of a range of extraneous constraints of which Eskom is one.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
German businesses want stability before investing in SA, says Angela MerkelGerman chancellor’s visit rekindles a political relationship that was ruptured under Cyril Ramaphosa’s predecessor
Read more »
New-generation Audi A6 lands in SA (and it’s fancy)The business-class sedan takes on its BMW and Mercedes rivals with smart new looks and technology
Read more »
Mondli Makhanya: We can survive the crash of SAA but we dare not crash SA
Read more »
More jobs on the line at ArcelorMittal SAAfrica's largest steelmaker has been battling low demand and high input costs
Read more »
German businesses will invest in SA only if conditions are good, says Angela MerkelAreas of co-operation the two countries are discussing include the energy sector and renewables
Read more »