A new report by the Centre for Development and Enterprise (CDE) calls for additional policy reforms to tackle the country’s “unemployment catastrophe”, which is excluding more than 12.5-million people who want to work from participating in the economy. As things stand, fewer than four in every ten working age adults is employed, the report shows.
Global renewable power capacity is predicted to increase by 4 600 GW, or more than double, by 2030, led by the rapid rise of solar PV, says intergovernmental organisation the International Energy Agency (IEA). Solar PV will account for about 80% of the global increase in renewable power capacity over the next five years, driven by low costs and faster permitting timeframes, the organisation says in its ‘Renewables 2025’ report.
INDUSTRY NEWS
- Glencore-Merafe pauses retrenchments until end-March as it weighs Eskom’s 62c/kWh offerMarch 2, 2026 - 10:04 am
- Details of Eskom’s eleventh-hour 62c/KWh offer to ferrochrome smelters to be provided in …February 27, 2026 - 6:04 pm
- Eskom stays legal action to allow Nersa-led process on trading rules to unfoldFebruary 27, 2026 - 2:04 pm
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