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iAfrica Image: Pexels Share with your network! Uncertainty seems to be only certainty when it comes to the security of South Africa’s electricity supply and associated utility costs. With a 15% tariff hike looming for direct customers at the beginning of July, no sign of improvement on the loadshedding front (coming off of 859 hours of blackouts in 2020), an unclear future for business in general, and the carbon tax on direct emission being applied to industry and mining, it’s not 100% clear where we are headed on the energy front. “Like the rest of the world, South African business is facing significant uncertainty – in terms of economic recovery and stabilisation, but also in terms of security of electricity supply and managing increasing utility costs,” says Richard Purser, CEO of TEPM. ....
Forget DeLorean, Ireland could be an electric car-making hub Entrepreneur Norman Crowley aims to bring car manufacturing back to Ireland Thu, Mar 11, 2021, 05:43
“If you look at what the new automotive world is, it’s much more analogous to software than it is to traditional vehicle manufacturing,” Norman Crowley says. “And if Ireland doesn’t jump on this opportunity, then we’re going to miss one of the biggest waves that’s going to happen over the next decade. We’re very much of the opinion that we, and Ireland, should be a key part of it.” As ripostes from a chief executive to a journalist asking, in not so many words, if he’s taken leave of his business senses, it’s a pretty gentle one. ....