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Kim Cloete

PIC foresees great opportunity in investing in early stage tech-driven companies

14th September 2018 The Public Investment Corporation (PIC) has outlined its vision for its recently launched R2-billion fund aimed at early-stage tech-driven companies. PIC executive head of research Sholto Dolamo told a Frost & Sullivan CEO Think Tank, in Cape Town, that the PIC was venturing beyond its... 

Coal suppliers urged to put SA first as Eskom stocks run low

7th September 2018 Public Enterprises Minister Pravin Gordhan has suggested that Parliament call in some of the big and small coal suppliers to account for their export of coal, amid increasing concerns about the shortage of coal in the country. Gordhan was speaking after several Members of Parliament suggested... 

Coal suppliers urged to put South Africa first

28th August 2018 Public Enterprises Minister Pravin Gordhan has suggested that Parliament call in some of the big and small coal suppliers to account for their export of coal, amid increasing concerns about the shortage of coal in the country. Gordhan was speaking after several Members of Parliament suggested... 

India keen to do business with Africa’s energy sector

17th May 2018 Representatives from more than 45 Indian companies have been in Cape Town for the African Utility Week, with the hope of cracking deals in everything from the supply of galvanised wire to solar inverters and water generators.  Indian Chamber of Commerce director general and CEO Rajeev Singh... 

Eskom says it intends to play a bigger role in Africa

15th May 2018 Eskom interim CEO Phakamani Hadebe says the utility is keen to expand its services into other African countries.  “We have made a decision that our ambition is to play a bigger role on the continent,” he told the opening plenary of African Utility Week, in Cape Town, on Tuesday. 

Some inroads made after ten years of the Industrial Policy Action Plan - Davies

15th May 2018 Ramping up production in the automotive sector, resuscitating the ailing tooling industry and boosting the clothing, textiles, leather and footwear industries are among successes the government has listed in its review of ten years of the Industrial Policy Action Plan (Ipap). Despite a... 

Government releases its tenth Industrial Policy Action Plan

15th May 2018 The government has released its Industrial Policy Action Plan (Ipap) 2018, with a sharp focus on deepening industrial development, speeding up radical economic transformation and increasing the ability to produce higher value-added products. Trade and Industry Minister Dr Rob Davies said it was... 

DST outlines plans to boost mining, manufacturing

9th May 2018 The Department of Science and Technology (DST) has outlined its investments in innovations in mining, with R186-million over the next three years being earmarked for targeted research and development to modernise South Africa’s mining industry. Science and Technology Minister Mmamoloko... 

Outa calls for Eskom turnaround before tariff hikes are granted

17th April 2018 Eskom should first implement a turnaround strategy before the National Energy Regulator of South Africa (Nersa) considers granting it a tariff hike, says the Organisation for Undoing Tax Abuse (Outa). “Eskom leadership must institute stringent measures to recoup the billions of rands siphoned out... 

Eskom kicks off public hearings by asking for R66.6bn

16th April 2018 Eskom has argued its case for the National Energy Regulator of South Africa (Nersa) to grant it the R66.6-billion it is claiming, including for unforeseen expenses and unrealised revenue for the past three financial years. An Eskom team on Monday kicked off countrywide public hearings in Cape... 

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