Geopolitics, reforms key themes of the 2025 SoNA

Engineering News editor Terence Creamer discusses some of the key themes of President Cyril Ramaphosa’s first State of the Nation Address since the establishment of the Government of National Unity; whether the SoNA reflected the fact that Cabinet now includes multiple political parties; how the President navigated some of the brewing geopolitical storms; and some of the key takeaways on the economy and for business.
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Nersa’s carbon tax decision may signal extension of prevailing approach to electricity price …

The National Energy Regulator of South Africa’s (Nersa’s) recent decision to disallow Eskom from raising revenue through the tariff for carbon taxes may indicate that the National Treasury has opted to extend the electricity price neutrality approach used during the first phase of the tax by a further five years to 2030. In its sixth multiyear price determination application (MYPD6), Eskom applied for carbon tax revenue of R5.5-billion in 2025/26, R21.3-billion in 2026/27 and 18.9-billion in 2026/27 in anticipation of the implementation of the second phase of the carbon tax on January 1, 2026.
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