Tag Archives: cape town
Power utilities increasing their borrowings to cover costs, may put these institutions on “a very dangerous slippery slope”, delegates at the Africa Utility Week Conference heard on Tuesday.
World Bank to show how Africa’s electricity providers can be profitable and still make electricity affordable at African Utility Week in Cape Town
“Rather than tariff increases, cost reductions are often the best first step towards financial viability”
A new World Bank study presents a sobering assessment of the financial health of electricity utilities in Sub-Saharan Africa, and suggests how utilities can be profitable while extending affordable services for the poor.
Electric power arrived at Cape Town around 1900 with the construction of a coal-fired, steam-driven power station located near the Victoria and Alfred dockyard area. The location offered 2-advantages in that the power station was close to the unloading area of coal ships that could sail from Durban. The second advantage was that close proximity to the sea allowed for seawater cooling of the exhaust-steam condensers. For several years, City of Cape Town owned that power station that closed in 1965 and ended electric trolleybus operation in the city.
Infomineo reveals rising global interest in the Middle East Africa region from Fortune 500 companies
Overall, there was a 17% increase in the number of companies in MEA in 2016 compared to 2015, with Johannesburg being the leading destination for Africa
The Property Buyer Show, a first of its kind exhibition taking place in April at the Cape Town International Convention Centre, has attracted big names as sponsors giving first-time home buyers and property investors a comprehensive understanding of everything involved in purchasing a property.