As the country grapples with another week of loadshedding, Eskom’s worst case scenario modelling for energy availability factors at its aging coal plants is coming to pass, highlighting the urgency with which the country needs to move on the long and winding road to total energy market reform.
Late on Friday 26 August, the National Electricity Regulator of South Africa (NERSA) asked for public comment on three section 34 determinations made by the Minister of Mineral Resources and Energy, Gwede Mantashe, which the minister sent to NERSA for concurrence.
The first one is for 14 791 MW of solar, wind and storage capacity to be procured. A second one is for 1 000 MW from biomass and landfill projects. The third one is for 3 000 MW of gas. This is a massive announcement. It more than doubles the total MWs in procurement, pushing the total over 33 000 MW of capacity that will be opened for bids, and in due course connected to the grid.
Murmurings ahead of the mini budget are also that Treasury will assume a portion of Eskom’s debt.
All the while Eskom’s EAF declines and serious concerns are being raised about whether the Koeberg 20 year life extension target date of 2024 will be achieved.
To talk about this Michael Avery is joined by Grove Steyn, MD of Meridian Economics; Miriam Altman, Director at Altman Advisory & Professor, 4IR Practice at the University of Johannesburg & Mark Swilling, Professor at Centre for Sustainability Transitions at Stellenbosch University
Trade, Industry and Competition Minister, Ebrahim Patel will brief Parliament on the draft policy proposals on scrap metals. To talk about what the government can do to fight cable theft. Professor Miriam Altman, an economic adviser and member of the National Planning Commission speaks to #eNCA Courtesy #DStv403
A lot has been said about the fourth Industrial revolution and how its technologies are already changing the way we work and live. Miriam Altman, professor in 4IR at the School of Economics at the University of Johannesburg speaks to #eNCA Courtesy #DStv403
With the increased focus on a nationally co-ordinated effort to support the government’s drive to reignite SA’s economy and place it on a sustainable and inclusive broad-based growth path, infrastructure development is critical.
The Independent Communications Authority of South Africa collected R14.4bn in revenue from the auction of spectrum. Companies that qualified for the bidding process were well-established enterprises, without any new or unknown players making the cut. There has been an outcry that the process didn’t benefit South Africa’s transformation agenda, with some saying that it excluded black-owned businesses. 4IR Professor of Practice at the University of Johannesburg, Dr. Miriam Altman, weighs in on transformation in the digital sector. Tune into Newzroom Afrika, DStv Channel 405, for more details.
Dr Miriam Altman, former national planning commissioner and director of Altman Advisory speaks to Refilwe Moloto about how well set South Africa’s metros are to become 24-hour city’s like global icons, New York and London.
The market reaction to the budget tells you everything. Much of the good news priced in. But as the Budget review reminds us It’s important to remember how we got here – and to ensure that history does not repeat itself. From 2008/09, South Africa experienced more than a decade of stagnating economic growth, weighed down by longstanding structural constraints. At the same time, state capture drained the country’s confidence and resources. A series of economic shocks and unbudgeted expenditures resulted in a massive deterioration of the public finances. And then came COVID‐19. Let’s welcome our panel to review the budget after the dust has settled: • Mamello Matikinca, Chief Economist at FNB • Dr Miriam Altman, economist and professor of 4IR at UJ, • Peter Attard Montalto, Head of Capital Markets Research at Intellidex • Mathew Parks, parliamentary coordinator for Cosatu
Economist Sifiso Skenjana, Senior Lecturer at Regenesys Business School Annatjie van Rooyen, Professor at University of Johannesburg’s College of Business & Economics Dr Miriam Altman, and South African United Business Confederation CEO Jackie Mpondo Hendricks weigh in on #BudgetSpeech2022. Tune into Newzroom Afrika, DSTV channel 405 for more details.
This is my personal website. It started with the aim of offering easy access to a body of research created over a decade on employment, growth and poverty reduction. I have posted my own papers and publications and those where I have been commissioning editor with a wide group of experts. I hope that making the papers and methodologies available will assist policy makers and researchers globally. This website will now evolve to share my recent interests, writing, initiatives and links to organisations I am involved with.