You are currently viewing our desktop site, do you want to download our app instead?
Moneyweb Android App Moneyweb iOS App Moneyweb Mobile Web App
Join our mailing list to receive top business news every weekday morning.

Sona brings welcome clarity to SA energy sector

Renewable energy has, to date, invested close to R202bn (24% of which is FDI) in SA’s economy.

The South African Wind Energy Association (Sawea) says President Cyril Ramaphosa’s State of the Nation Address (Sona), delivered on Thursday, has brought much-appreciated investor clarity to the SA energy sector. 

The sector is still recovering from an extended procurement hiatus, which was finally ended by the president shortly after taking office in 2018.

Sawea CEO, Brenda Martin says President’s address has provided clarity on two issues of major concern to the SA energy sector: A firm commitment to investment growth in clean energy and that of Eskom, paving the way for necessary fair market access job creation and GDP growth. 

Get access to Moneyweb's financial intelligence and support quality journalism for only
R63/month or R630/year.
Sign up here, cancel at any time.

COMMENTS   0

You must be signed in to comment.

SIGN IN SIGN UP

LATEST CURRENCIES  

USD / ZAR
GBP / ZAR
EUR / ZAR

Podcasts

NEWSLETTERS WEB APP SHOP PORTFOLIO TOOL TRENDING CPD HUB

Follow us:

Search Articles:Advanced Search
Click a Company: