Nene says room for fiscal expansion reduced

South Africa can no longer postpone consolidating its budget as the room for fiscal expansion has been reduced, Finance Minister Nhlanhla Nene said on Thursday.

Electricity: Renewables now cheaper than coal, but not forever

In this focused discussion on renewable energy, Paul Semple of Futuregrowth explains why his company has lent more than R4bn to 19 South African projects – and explains why renewable energy will deliver cheaper electricity into the national grid than Eskom’s new coal-fired power stations. But he frets that this is the trough for renewable … Read more

BHP focus switches from coal and iron ore to energy

BHP Billiton’s chief executive Andrew Mackenzie said the global mining giant was switching its focus to energy, with iron ore and coal to receive less emphasis as China’s demand for steel slows.

SA needs its shale gale, launch fracking before the neighbours do

This piece is a reminder of what South Africa loses every time a talented citizen seeks greener pastures abroad. Tim Wood, former head boy of Mooi River’s Treverton College and Employee Number One at Moneyweb, is as fine an online journalist as you’ll find anywhere on earth. His work is deeply researched, enriched with numerous … Read more