Almost six weeks after Parliament unanimously voted to adopt the new FICA Bill, President Jacob Zuma has yet to sign it into law. This means that we are just weeks away from being rated in the same category as North Korea, Syria and Iraq by the international financial community, yet another step towards the moral bankruptcy of South Africa. By MAGDA WIERZYCKA.
The Department of Energy (DoE) released a draft update (Draft IRP 2016) to its earlier Integrated Resource Plan for Electricity (IRP 2010-2030) in November 2016, and invited comments and input through a public participation process. The deadline for this feedback was 31 March 2017. This review provides a summary of five major submissions made, with links to these submissions. By ROGER LILLEY and CHRIS YELLAND.
There's not enough information to answer that scientifically but one thing that is certain is that to produce gas from coal seams you need to pump out a lot of water that they sit in to let the gas “desorb”. This produced water is usually pumped back into the ground, somewhere nearby and very deep down which has been shown to change the basal pressure underground. And the potential consequences of that? Earthquakes. By JEFFREY BARBEE.
Eskom’s chief nuclear officer, David Nicholls, explains the potential of the utility’s renewed interest in the Pebble Bed Modular Reactor (PBMR). The project is still in its research phase. CHRIS YELLAND and PIERRE POTGIETER interviewed him for EE Publishers. This is an edited version.
Competition Commission: Fresh produce dealers ‘collude’ to up food prices and muscle out emerging black farmers
The Competition Commission is waging war on corporate collusion and on Thursday it conducted raids on nine fresh produce market agents. The implicated companies deny the allegations, but it could be another case of corporate collusion affecting the poor. By GREG NICOLSON.
The Competition Commission, the country’s superhero against corporate collusion, has taken another scalp. Collusion can be a win-win game for businesses: profit now and pay later – and only if you’re caught. The introduction of criminal charges could change that, but we’re still waiting for the first prosecution. By GREG NICOLSON.
Commuters huddle on the top of the trains running through Dhaka. “That way,” says a local businessman, “they avoid the fare.” Inside, the carriages are jampacked, bodies spilling out of the open doors. Like all other modes of local transport, from the ubiquitous canopied rickshaws and green tuk-tuks to the lurching, blaring buses notable for their scraped bodywork and their unwillingness to slow down, it’s patently unsafe and user unfriendly. By GREG MILLS.
Corporate corruption has been in the headlines lately and Finance Minister Pravin Gordhan noted the ongoing bank collusion scandal in his Budget speech. The Daily Maverick Show spoke to Thando Vilakazi, senior economist at the Centre for Competition, Regulation and Economic Development. He broke down what collusion is, how it limits the country’s development, and how it must be stopped. By GREG NICOLSON.