Is raising $100 billion possible?

Why raising $100bn in investment is possible

By Busi Mabuza

Leaders of the BRICS nations gathered in South Africa last week for the 10th summit of the grouping that accounts for more 17% of global trade, Chairman of the Industrial Development Corporation (IDC) Board, Ms Busi Mabuza reflects on the importance of the event and its role in the country’s ambitious drive to secure investment of $100-billion over five years.

Our complicated background

In South Africa we are inclined to think of ourselves as entirely unique in terms of our history of struggle and the continuing challenges we face nearly a quarter a century after we attained our political freedom. As we mark in 2018, the centenary of the birth of Nelson Mandela, we can surely be forgiven for pausing to celebrate with pride at least a few of our characteristics that make us uniquely South African.
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Renewable energy – power to the people – jobs for the people!

Renewable energy brings power and jobs to Clanwilliam

By Kate Pallett

Clanwilliam’s first retail shopping centre, which opened at the end of June, is an example of how renewable energy is aiding economic development in small towns with limited access to the national grid.

This is according to Dominic Wills, CEO of SOLA Future Energy, whose company installed a solar photovoltaic (PV) system that provides the additional power for the Cedar Mill Mall that Eskom can’t supply.

During the connection application, the parastatal indicated that it was able to supply only 250 kVA of continuous power due to constraints on the grid. However, to get the project off the ground, the mall’s developers, Noble Property Group, needed at least double what Eskom was able to approve: 500 kVA.
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What have Loeriesfontein and Khobab Wind Farms in common?

DROUGHT RELIEF SUPPORT for commercial and emerging sheep farmers

Over 100 Northern Cape sheep farmers, who have been adversely affected by the ongoing regional drought, have been thrown a life-line, by the two local wind farms.

Loeriesfontein Wind Farm and Khobab Wind Farm responded to a formal request for drought relief support from both commercial and emerging farmers, who represent 118 farms, all desperate for assistance that will help them cope with the ongoing devastation caused by the lack of rain.

“Farmers, some of whom are facing ruin, are desperate for assistance that will help them cope with the situation and aid in avoiding the economic knock on affect, that will impact the local community of Loeriesfontein,” explained Vanessa Fredericks, Economic Development Manager for Loeriesfontein Wind Farm.
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THIS WEEK'S FAST FACT

Socius

The word ‘social’ comes from the Latin word socialis, meaning ‘allied’, and from the Latin word socius, meaning ‘companion, ally, friend’. According to the latest SA Social Media Landscape Report, at the end of August 2017, 16 million South Africans were using Facebook, 8.74 million were on YouTube, 8 million were on Twitter, 6.1 million were on LinkedIn, and 3.8 million were using Instagram. (http://bit.ly/2mBkSzt, http://bit.ly/2mBOZXh)

Source www.Eighty20.co.za

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