Rand volatility has a big impact on projects that require imported biogas equipment ,however the localisation of some equipment can help the biogas industry gain some stability, says organic waste solutions company Logical Waste director Jason Gifford. It was a good time to import equipment over the past six months owing to the falling rand. However, when developing a project, it will not be developed in six months – it can take several years, during which time the rand exchange rate will change.
