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Editorial Insight

Worrying developments
Worrying developments
13th March 2020 By: Terence Creamer

It is almost impossible to overstate the scale of the gas discoveries that have been made in the Rovuma basin of northern Mozambique since 2010. With yet more exploration planned, some 150-trillion... 


Implementation risks
Implementation risks
6th March 2020 By: Terence Creamer

It is difficult to remember a time when economists and commentators were so off the mark when making forecasts about what a Finance Minister would announce in his Budget as they were for Finance... 


Energy B-HAG
Energy B-HAG
28th February 2020 By: Terence Creamer

In light of President Cyril Ramaphosa’s announcement that measures will be taken in the coming months to fundamentally change the trajectory of energy generation and procurement, it is surely... 


Out of step
Out of step
21st February 2020 By: Terence Creamer

There were indications already at the World Economic Forum in Davos, Switzerland, that South Africa was out of step with the main themes occupying the minds of most global government and business... 


Walter Mitty Syndrome
Walter Mitty Syndrome
14th February 2020 By: Terence Creamer

The South African government would not be able to build an emergency hospital in ten days, let alone an emergency power station. For evidence, look no further than the horribly overpriced and... 


In need of a quick win
In need of a quick win
7th February 2020 By: Terence Creamer

Any rational observer of the South African condition, will probably have grudgingly come to accept that it’s going to take a significant amount of time to turn around the performance not only of... 


The stuff of nightmares
The stuff of nightmares
31st January 2020 By: Terence Creamer

For those who have resolved to make 2020 the year they start prioritising a good night’s sleep, it would not be advisable to make bedtime reading of the Council for Scientific and Industrial... 


End of the beginning
End of the beginning
24th January 2020 By: Terence Creamer

South Africans may be divided on many issues, but on the fact that inadequate electricity supply represents the main risk to the country’s economy, there is undeniable unity. Ongoing disagreement... 


Time to act
Time to act
17th January 2020 By: Terence Creamer

The return of load-shedding, together with what is a truly dire prognosis for system stability, should surely have been the wake-up call government required to finally begin implementing its very... 


Road trip to the ʼ20s
Road trip to the ʼ20s
13th December 2019 By: Terence Creamer

As we approach the onramp to the 2020’s, the car-wreck of South Africa’s ‘lost decade’ looms large in the rear-view mirror. The confidence boost provided by the successful hosting of the FIFA World... 


Huge risk, no urgency
Huge risk, no urgency
6th December 2019 By: Terence Creamer

The risk posed by Eskom to the fiscus is surpassed only by the risk posed by ongoing electricity shortages to the economy and South Africa’s growth prospects. The South African Reserve Bank has... 


Time to get real about Eskom coal fleet
Time to get real about Eskom coal fleet
29th November 2019 By: Terence Creamer

Opinion may be divided on the appointment of Andre de Ruyter as Eskom’s new CEO, but on one point it’s overwhelmingly united: there will be no honeymoon period. The attitude of citizens towards... 


Mobilise private finance
Mobilise private finance
22nd November 2019 By: Terence Creamer

One of the key messages in the International Energy Agency’s (IEA’s) Africa Energy Outlook 2019 report is that neither State budgets nor development finance will be sufficient to fund the... 


Crunch time
Crunch time
15th November 2019 By: Terence Creamer

South Africans are painfully aware of the negative consequences of power shortages. The menace of load-shedding has hung over the country’s economy like a pall for more than ten years.... 


Backsliding
Backsliding
8th November 2019 By: Terence Creamer

The problems with the way the World Bank’s yearly ‘Ease of Doing Business Ranking’ is compiled are well documented. Nevertheless, the ranking has become something of a touchstone for those seeking... 


Urgent Concurrence
Urgent Concurrence
1st November 2019 By: Terence Creamer

The very last column in the Integrated Resource Plan 2019 (IRP 2019) table is certain to attract much attention, for the immediate future anyway. The column bears the unglamorous heading of... 


Power struggle
Power struggle
25th October 2019 By: Terence Creamer

State-owned electricity utility Eskom confirmed earlier this month that it would be taking the Energy Regulator’s most recent tariff determination on legal review and would also be applying for... 


Necessary, but insufficient
Necessary, but insufficient
22nd October 2019 By: Terence Creamer

“The African Continental Free Trade Agreement (AfCFTA) will be a game-changer, both for South Africa and the rest of the continent,” President Cyril Ramaphosa wrote in his October 7 letter to the... 


Necessary, but insufficient
Necessary, but insufficient
18th October 2019 By: Terence Creamer

“The African Continental Free Trade Agreement (AfCFTA) will be a game-changer, both for South Africa and the rest of the continent,” President Cyril Ramaphosa wrote in his October 7 letter to the... 


Best of bad choices
Best of bad choices
11th October 2019 By: Terence Creamer

When asked by CNN host Fareed Zakaria about America’s decision to abandon the Iran nuclear deal, former British Prime Minister David Cameron replied: “It’s certainly right to say that the deal had... 


Tail wagging dog
Tail wagging dog
4th October 2019 By: Terence Creamer

During a recent energy event, Andy Calitz, who has bravely put up his hand for the vacant post of Eskom CEO, indicated that one of his major impressions since returning to South Africa, following... 


Saved by democracy?
Saved by democracy?
27th September 2019 By: Terence Creamer

The reactions of Julius Malema and Gwede Mantashe respectively to recent negative media reports show up stark differences in both style and substance. True, the allegations published about Malema’s... 


Growth engine
Growth engine
20th September 2019 By: Terence Creamer

For those still in search of evidence of just how beneficial a relationship South Africa enjoys with the rest of the continent – and Southern Africa in particular – a visit to any regional border... 


Food for thought
Food for thought
13th September 2019 By: Terence Creamer

Next week is the deadline for the submission of comments on the economic policy paper released by Finance Minister Tito Mboweni in late August. The paper’s distribution came as something of a... 


VAR and the IRP
VAR and the IRP
6th September 2019 By: Terence Creamer

If you watch international football, you will be acutely aware that one of the hottest topics of conversations these days is ‘VAR’ or the video assistant referee. Never does a weekend go by without... 


Political gamesmanship?
Political gamesmanship?
30th August 2019 By: Terence Creamer

Mineral Resources and Energy minister Gwede Mantashe left many scratching their heads again last week after a briefing of mostly foreign correspondents in Johannesburg. It came as little surprise... 


What not to do
What not to do
23rd August 2019 By: Terence Creamer

Given South Africa’s current economic predicament, it is not only natural but also important for government, along with its business and labour partners, to begin looking outside of the country’s... 


All hands to the pump
All hands to the pump
16th August 2019 By: Terence Creamer

There is a growing tendency among hitherto committed and well-intentioned South Africans to simply throw up their hands in despair when considering the state of the economy and the slow pace of... 


Grasping the nettle
Grasping the nettle
9th August 2019 By: Terence Creamer

South Africans are most certainly weary of commissions of inquiry and it’s, thus, entirely inopportune to be talking about the possibility of convening yet another one. It’s far from clear,... 


People matter
People matter
2nd August 2019 By: Terence Creamer

A key take away from the dreadful ‘State capture era’ it is that institutions matter and so do the people that lead them. If it had not been for the resilience of key individuals in the judiciary,... 


Stale and uninspiring
Stale and uninspiring
26th July 2019 By: Terence Creamer

There was little sign of the promised ‘reform agenda’ in the recent Budget Vote speeches delivered by South Africa’s newly appointed Cabinet Ministers. In far too many instances, the speeches... 


Missed opportunity
Missed opportunity
19th July 2019 By: Terence Creamer

In light of the intensifying global efforts to tackle climate change, as well as South Africa’s ratification of the Paris Climate Agreement, it would be irresponsible for government to do nothing... 


High impact
High impact
12th July 2019 By: Terence Creamer

Britain’s got Brexit, America has Trump and South Africa’s got corruption. When such powerful single-issue themes permeate just about every political and economic development, a country can easily... 


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