Markets - 13/July/2023

South Africa could count the cost of inaction

South Africa’s slow and disjointed plan to decarbonise its energy and industrial sectors could prove damaging to its economy, harming its long-term outlook and the future of its citizens

Local businesses are trying to advance the transition, but there is only so much that can be done without state support

LACKING LEADERSHIP South Africa’s government has yet to issue an electrification plan for its automotive sector, despite relying on exports to more carbon-conscious economies

COAL DROPS HARD Coal will retain a significant share of the energy mix while the power plants remain within their operating lifetimes and even beyond

KEY QUOTE Power still needs to get to the grid and producers need to be paid for it ...


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