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Kim Cloete

Mantashe lifts moratorium on oil, gas applications to kickstart exploration

29th November 2018 Mineral Resources Minister Gwede Mantashe has announced he will amend the moratorium currently in place for the oil and gas sector, to allow for the processing of applications currently in the system. The moratorium, which was originally put in place in June, restricts the granting of... 

Wind energy industry commits to investing in South Africa

23rd November 2018 South Africa’s wind energy industry has adopted a charter, which commits to long-term investment in the development of the country. A commitment statement drafted by members of the industry was adopted at an annual general meeting of the South African Wind Energy Association (SAWEA) in Cape Town.... 

Global body forecasts continued growth in wind energy generation capacity

23rd November 2018 China, the US, Germany, India and Spain are the top five markets for wind energy in the world, with 19.6 GW of installed capacity in 2017, according to the Global Wind Energy Council (GWEC). GWEC senior policy adviser Steve Sawyer said the figure was slightly down on the previous year, but was... 

Prices for renewable energy likely to drop further, suggests energy expert

23rd November 2018 Prices for renewable energy are likely to continue to drop, while the next utility-scale renewable energy procurements will probably come sooner rather than later, suggests energy expert, Professor Anton Eberhard. “I have no doubt that we will see prices coming down further,” Eberhard told... 

Radebe hints at possible Saudi investment to boost South Africa’s oil refining capacity

23rd November 2018 Energy Minister Jeff Radebe has called for a collaborative approach to attract investment in oil refining hubs throughout the continent and has hinted that Saudi Arabian investment in refining capacity in South Africa may soon become a reality. “In South Africa we believe the time has come for an... 

Oil is here to stay, says the IEA

23rd November 2018 The world’s consumers are not yet ready to say goodbye to the era of oil, while the demand for gas is in the fast lane thanks to its flexibility, says the International Energy Agency (IEA). IEA executive director Dr Fatih Birol on Tuesday said there was robust growth in global oil demand. This... 

Education, Health, Public Works finances are in a bad way, says Auditor-General

22nd November 2018 Auditor-General Kimi Makwetu has warned that the financial health of the provincial departments of health, education and public works are in a bad way and need urgent intervention. “Urgent intervention is needed to prevent the collapse of these key service delivery departments,” said Makwetu in... 

Audit outcomes of State-owned entities continue to regress

22nd November 2018 The audit outcomes of State-owned entities (SOEs) have regressed over the past financial year compared with both the previous year and 2014/15. The 2017/18 general report for the Auditor-General South Africa (AGSA) said there was an increase in noncompliance of the 16 SOEs it audited. It also... 

Audit results of government departments show a shocking decline

21st November 2018 The Auditor-General has been given more powers to crack down on national and provincial government department and their entities. This follows another year of overall decline in their audit results, with a rise in wasteful and irregular expenditure and weak financial controls. Releasing his... 

Big plans afoot for training more young people in renewable energy

20th November 2018 The South African Renewable Energy Technology Centre (Saretec), which provides training for wind turbine service technicians and which has recently expanded into training solar photovoltaic (PV) installers, has been officially launched in Cape Town. The sophisticated and state-of-the-art training... 

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