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Tag Archives: World Bank

Is South Africa the World’s Most Generous Donor?

South Africa

South Africa transfers just over R50 billion a year to Botswana, Lesotho, Namibia and Swaziland with no strings attached By ALEXANDER O’RIORDAN The Southern African Customs Union (SACU) is most easily identifiable in Botswana’s, Lesotho’s, Namibia’s and Swaziland’s (BLNS) use of the South African Rand as the basis for their own currencies, albeit through printing their own versions of the ... Read More »

South Africa’s Energy Crisis: Renewables for the Rich?

energy crisis

By SALIEM FAKIR South African citizens should brace themselves for a long journey of troubled co-existence with Eskom’s woes as the country’s energy crisis worsens. However, citizens with higher incomes are likely to become less dependent on Eskom because they can supply their energy needs through alternative power sources like renewables, solar-water heaters, gas and home-diesel generators. But poorer households ... Read More »