SMME early payments: 13 days | Socio-economic transformation spend: R431m The company reported a net loss after tax of R246m, primarily due to provision for expected credit loss (ECL) driven by the economic challenges of its customers. Looking ahead Sentech will continue to focus on accelerating digital transformation, enhancing service delivery, expanding partnerships, and growing…
New York — Two-thirds of the developing world, or ninety-five out of 143 economies, are dependent on commodities for export value, making up 60 percent of their merchandise exports. For the least developed world, this number rises to 80 percent, leaving entire nation’s revenue vulnerable to price swings, fiscal shocks, and evolving trade compositions. Hidden…
United Nations — As a result of the worsening climate crisis, extreme weather patterns have disrupted nearly all aspects of human life around the world. With the impacts of fossil fuel reliance being more pronounced than ever before, the United Nations (UN) has implored governments and industries to begin adopting more sustainable, renewable energy sources….
Navin Singh Khadka Environment correspondent, BBC World Service Bloomberg via Getty Images India heavily relies on coal to meet its daily energy demands India has always taken a hard position on coal, arguing that it is crucial for its energy security and developmental needs. But energy experts and environment campaigners are increasingly saying it should…
United Nations — Global investments in energy exceeded USD 3 trillion in 2024, with at least USD 2 trillion being invested in clean energy technology and infrastructure. Infrastructure. Despite that progress, fossil fuel consumption continues to rise with little sign of slowing. China led in energy transitions investments, accounting for 48 percent, followed by the…
– Ethiopia has unveiled a bold new strategy to transform household energy use and reduce its heavy dependence on biomass fuels through the National Clean Cooking Roadmap. The roadmap is a 3.4 billion USD initiative aimed at improving public health, protecting the environment, and spurring economic growth. Launched by the Ministry of Water and Energy…
London, UK — UK and African innovators are ramping up efforts to replace fossil fuel generators with renewable energy solutions, as showcased at the ZE-Gen: Powering Productivity, Accelerating Investment event during London Climate Action Week. UK Special Representative for Climate, Rachel Kyte, highlighted the wide-ranging benefits of such partnerships, including economic growth, improved health, and…
As global economies push for decarbonization and energy security, industrial models must evolve. This requires greater investment in low-carbon technologies and energy efficiency. In this context, how do you view the rapid growth of solar PV and energy storage solutions (ESS) as a response to this demand? The solar PV and energy storage sectors are…
