How renewable energy spend will cut SA mining investment

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

South Africa Headlines News

How renewable energy spend will cut SA mining investment 🔒

Investments by SA’s mining companies in renewable energy projects to reduce exposure to embattled power monopoly Eskom will worsen a growing lag in response to rising commodity prices.

It is taking SA’s mining companies longer and longer to respond to upticks in commodity prices by building and extending their assets because of a range of extraneous constraints of which Eskom is one.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

German businesses want stability before investing in SA, says Angela MerkelGerman chancellor’s visit rekindles a political relationship that was ruptured under Cyril Ramaphosa’s predecessor Make sense right Picky lot these Germans aren’t they? Next thing they’ll be asking for secure property rights. Demand, demand, demand. That's why Britain left the EU. But good luck with getting some stability out of SA.
Source: BDliveSA - 🏆 12. / 63 Read more »

New-generation Audi A6 lands in SA (and it’s fancy)The business-class sedan takes on its BMW and Mercedes rivals with smart new looks and technology
Source: BDliveSA - 🏆 12. / 63 Read more »

Mondli Makhanya: We can survive the crash of SAA but we dare not crash SAThe rot has set in.. ANC have a policy of wealth extraction from the state.. That's not going to change South Africa has already crashed. The ANC Government destroyed this country - and they know it. Appointing Cadres with no business experience was a recipe for disaster. ALL SOE's - Bankrupt! 'Stealing' Pension money to keep the system afloat is criminal! Nothing crashed. Money was stolen when we put a ningkumpoop to run SAA.
Source: City_Press - 🏆 7. / 72 Read more »

More jobs on the line at ArcelorMittal SAAfrica's largest steelmaker has been battling low demand and high input costs We need this like a hole in the head but 'OUR' ANC remain as stubborn and pathetic in their governance as ever. In Sept last year they took 9 and 29 year extensions to loans issued in 2013 ...
Source: BDliveSA - 🏆 12. / 63 Read more »

German businesses will invest in SA only if conditions are good, says Angela MerkelAreas of co-operation the two countries are discussing include the energy sector and renewables Now there's a huge hurdle. rinmor There you have it Cyril.
Source: BDliveSA - 🏆 12. / 63 Read more »

WATCH: What a second power generating entity means for SAFinancial Mail editor Rob Rose and a panel of journalists discuss the stories making the news in the latest edition of Editing Allowed
Source: BDliveSA - 🏆 12. / 63 Read more »