International companies ready to partner with SA in renewable energy space - Dames

Loading player...
The power blackouts in South Africa have severely hampered businesses and especially mines over the past months. Eskom has been declared  by many business leaders as a national energy crisis and many are now looking towards generating their own power. Also geared to take advantage of this, are the companies who want to speed up the use of renewable sources like wind and solar energy to fill the gap left by Eskom. While the Government has committed itself to have renewable energy in its mix of resources, Energy Minister Gwede Mantashe is accused of stalling the process as he is said to be protecting the jobs of coal miners. One of the companies that are ready to offer solutions to the Eskom crisis, is African Rainbow Energy and Power, the company started by Patric Motsepe. Motsepe has been in the firing line back home after he told President Donald Trump in Davos "that Africa loves America. Africa loves you" with many South Africans disagreeing on Twitter. Speaking to Biznews at Davos, the Chief Executive Officer of African Rainbow Energy and Power Brian Dames said he believed the electricity grid in South Africa should be expanded. - Linda van Tilburg Learn more about your ad choices. Visit megaphone.fm/adchoices
24 Jan 2020 7AM English South Africa Investing · Business News

Other recent episodes

Warren Wheatley breaks his silence on his FSCA debarment

Three trades, R301 in total, and a 20-year ban from the financial sector. Warren Wheatley, the chartered accountant who helped put together the Capitec empowerment deal and went on to found Altvest, now Africa Bitcoin Corporation, broke his silence to Alec Hogg days after resigning as CEO. The FSCA says…
23 Sep 12PM 54 min

Brent Bozell on the US-South Africa breakdown

Six months after warning a Hermanus room full of business leaders that Washington's patience was wearing thin, US Ambassador Brent Bozell returned to BizNews to explain what happened next. Five asks, a 15-day deadline and a six-page reply that, in his words, answered none of them. The result: visa bans…
23 Sep 10AM 40 min

Mchunu, Mrs Matlala, Maumela, Mudzinganyama - and Meyer…

In their weekly chat, Chris Steyn and political commentator Solly Moeng talk about the second seizure of of electronic devices belonging to Special Leave Police Minister Senzo Mchunu; the arrest of tenderpreneur Cat Matlala’s wife, Tskanane; the rape case against suspended Deputy National Commissioner Shadrack Sibiya; the latest testimony at…
23 Sep 6AM 24 min

Ian Cameron: General Sibiya on charges of rape, sexual grooming, human trafficking…

In their latest interview, Chris Steyn and Ian Cameron, the Chairperson of Parliament's Portfolio Committee on Police, unpack a day of high drama with the court appearance this afternoon of suspended Deputy National Commissioner General Shadrack Sibiya who is now facing charges of rape, sexual grooming, and human trafficking. The…
22 Sep 1PM 10 min