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Darlene Creamer

By Darlene Creamer

HEAVY LIFTING

HEAVY LIFTING

18th November 2022

After significant research, lobbying and consultative efforts, the first concessional finance has started to flow towards Eskom’s plan to repower and repurposed those coal power station sites that... 


JOURNEY ENDS & BEGINS: The scrapping of e-tolls became inevitable when there was massive civil disobedience, led by the well-organised civil society grouping initially know as Opposition to Urban Tolling Alliance, or OUTA, which later transitioned to become the Organisation Undoing Tax Abuse. The resistance weakened the will of the political authorities to enforce the scheme. What is less inevitable, however, is whether the Gauteng authorities will come up with an acceptable funding plan to both maintain and expand the vital highway network over which it has now regained control.

JOURNEY ENDS & BEGINS

11th November 2022

The scrapping of e-tolls became inevitable when there was massive civil disobedience, led by the well-organised civil society grouping initially know as Opposition to Urban Tolling Alliance, or... 


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WATER WORRIES

4th November 2022

With electricity loadshedding now a part of daily life in South Africa, there is growing anxiety about the prospect of water-shedding. Already several towns across the country are struggling either... 


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PUNCH DRUNK

28th October 2022

South African business has had a torrid 2022, with intense loadshedding, a freight-logistics strike and serious flooding all harming production and exports. Sadly, these electricity, transport and... 


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DARK SPACE

21st October 2022

Even the most determined proponent of State-owned companies and their supposed developmental role will have a hard time proving their case when it comes to Eskom and Transnet. The loadshedding... 


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OLD HAT

14th October 2022

There is limited room for any surprises as South Africa’s Finance Minister Enoch Godongwana, who is known for his many homburg hats, puts the final touches to his Medium-Term Budget Policy... 


As South Africans, we are disconcertingly accustomed, to major changes to the value of the rand. However, the US dollar’s rampant performance in September left many other currencies quite shaken, including the British pound, whose performance was also rocked by some questionable fiscal announcements. Given the extent of the economic and financial headwinds, heightened in South Africa’s case by intense load-shedding, the ride is likely to remain quite unsettling for some time.

NO JOY RIDE

7th October 2022

As South Africans we are disconcertingly accustomed to major changes to the value of the rand. However, the US dollar’s rampant performance in September left many other currencies quite shaken,... 


TIPPING POINT:

TIPPING POINT:

30th September 2022

As South Africans are forced to endure the worst-ever year for power cuts, questions continue to be asked about how we arrived at this confidence-sapping point. Even absent incompetence and... 


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THE OTHER GREEN FINANCE

23rd September 2022

When medical cannabis-focused special purpose acquisition company Cilo Cybin Holdings debuts on the JSE later this year it will reportedly be Africa’s first such listing. The company will seek... 


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SERIOUS THREAT

16th September 2022

A recent Global Initiative Against Transnational Organised Crime report showed that at least 183 infrastructure and construction projects in South Africa worth more than R63-billion were disrupted... 


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MISSING PIECE

2nd September 2022

South Africa has the solar, wind and land resources to make it one of the most competitive electricity market globally as countries transition from centralised, fossil-based power systems to... 


HEAT IS ON

HEAT IS ON

26th August 2022

Following deadly flooding in 2021, the latest Northern Hemisphere summer has been characterised by extreme heat waves, droughts and wild fires, which have definitely thrown a spotlight on climate... 


WATER WORRIES: The water stresses being experienced in Gqeberha, in the Eastern Cape, should serve as a wake-up call to the leaders and citizens of all cities and provinces. While some parts of the country are likely to become wetter as a result of climate change, large parts will become drier and more drought prone. Without proper planning, good governance and the implementation of adaptation measures and infrastructure, the risk of ‘Day Zero’ events is certain to grow.

WATER WORRIES

19th August 2022

The water stresses being experienced in Gqeberha, in the Eastern Cape, should serve as a wake-up call to the leaders and citizens of all cities and provinces. While some parts of the country are... 


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TIGHT SPOT

12th August 2022

It came as something of a shock when the South African Reserve Bank decided in July to increase interest rates by 75 basis points rather than the 50 basis points that had been anticipated. By doing... 


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MANY HANDS

5th August 2022

While much of President Cyril Ramaphosa’s plan to tackle load-shedding is focused on utility scale solutions, it also includes some space for micro-level action, mostly in the form of rooftop... 


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COLD SHOULDER

29th July 2022

South Africa has had several run-ins with the European Union (EU) over the past number of years with regard to the bloc’s trade rules governing citrus. The most recent dispute relates to a... 


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CHOKE HOLD

22nd July 2022

The record fuel prices in South Africa, and in many other parts of the world, are squeezing businesses and citizens alike, with petrol and diesel used to produce and move nearly everything we... 


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GRIEF TO ANGER

15th July 2022

The implementation of Stage 6 load-shedding in late June and early July has moved many citizens from grudging resignation to intensifying anger. Visible action is needed and needed fast to start... 


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TIME TO ACT

8th July 2022

Just looking at the tower of Zondo Commission Reports, packaged into several parts and volumes, is exhausting enough. Now is not the time to rest, however. Now is the time to act firmly against the... 


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HOME TO ROOST

1st July 2022

The electricity crisis has been casting a confidence-sapping shadow over the South African economy for nearly 15 years. The chickens of Eskom debt, corruption and inefficiency, policy mixed... 


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TIED DOWN

24th June 2022

South Africa’s mining production plummeted by nearly 15% year-on-year in April, with gold production slumping 27.8%, platinum group metals output shrinking 22.6% and coal production falling 14.7%.... 


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DEADLY & DEMORALISING

17th June 2022

South Africans are dealing with many burdens currently: rising food and fuel prices; load-shedding; finding ways to recover from Covid disruptions professionally and personally; and a toxic... 


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THROUGH THE ROOF

10th June 2022

The outlook for food price inflation is deeply worrying, with Tiger Brands CEO Noel Doyle warning recently that the price of certain food items could “go through the roof”. Even more worrying are... 


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BRIGHT SPARK

3rd June 2022

The City of Johannesburg’s Executive Mayor, Mpho Phalatse, has become something of a bright spark despite the ongoing load-shedding gloom. Phalatse has outlined a new vision for City Power and has... 


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DARK DAYS

27th May 2022

There is no question that South Africans are far better prepared for rotational power cuts than they were when the scourge first appeared some 14 years ago. Eskom has regular and brutally candid... 


COLD & DARK

COLD & DARK

20th May 2022

Eskom has given its assurance that it will do what it can to limit rotational power cuts during the winter months. There are signs, however, that this winter could be both cold and dark. The... 


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EXTREME PRESSURE

13th May 2022

Recent developments in South Africa, especially the deadly July 2021 riots and the horrific KwaZulu-Natal floods, have seriously undermined confidence in the future. The negative effects of these... 


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HANGING TOUGH

6th May 2022

Consumer inflation nudged the upper end of South Africa’s 3% to 6% target band in March when it reached 5.9%, and it is expected to rise further. In a context of low growth and high unemployment,... 


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SHAMEFUL GOVERNANCE

29th April 2022

Chinese philosopher Confucius is said to have expressed the following about governance: “In a country well governed, poverty is something to be ashamed of. In a country badly governed, wealth is... 


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WORRYING RISE

22nd April 2022

The Food and Agriculture Organisation’s gauge of global food prices rose at a record pace in March, fuelled by Russia’s invasion of Ukraine, and the United Nations body has warned of further... 


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SLOTS FOR SALE

15th April 2022

State-owned freight logistics group Transnet is turning to the private sector in a bid to revive the fortunes of two underperforming rail corridors. The group’s rail unit has officially launched a... 


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EXPLOSIVE SHACKLES

8th April 2022

South Africa’s official unemployment rate rose to a record 35.3% in the fourth quarter of 2021. The Quarterly Labour Force Survey showed that the number of unemployed people increased by 278 000 to... 


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HIKED TO HURT

1st April 2022

While nothing even resembling the pain being experienced by Ukrainians living in towns and cities being attacked by the Russian military, South Africans are not immune from the economic hurt... 


INFLATION MONSTER

INFLATION MONSTER

25th March 2022

After a relatively long hibernation, the inflation monster is awake and ready to eat the income and wealth of all citizens, poor and rich alike. Initially awakened by uneven supply-chain recovery... 


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SHAMEFUL

18th March 2022

While it’s not difficult to point out the West’s hypocrisy in its response to Russia’s vicious invasion of Ukraine, South Africa’s own response has been shameful. The decision to abstain in a... 


CROSSING THE LINE: Russian President Vladimir Putin made the world a less safe place than it already was when he authorised the invasion of his democratic neighbour on February 24 on the false pretexts of “demilitarisation and de-Nazification”. The steep escalation in tensions when Russian troops crossed the Ukraine borders from the north, east and south, steepened further when Putin placed Russia’s nuclear deterrent on high alert. The fallout has been felt in the form of civilian deaths, a growing humanitarian crisis, the roiling of energy markets and in diplomatic confusion, especially among the democratic members of the Brics bloc, including South Africa.

CROSSING THE LINE

11th March 2022

Russian President Vladimir Putin made the world a less safe place than it already was when he authorised the invasion of his democratic neighbour on February 24 on the false pretexts of... 


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BREAKING POINT

4th March 2022

Some of the crime statistics included in the report covering the third quarter of the 2021/22 fiscal year are beyond upsetting. South Africa recorded 6 859 murders in the three-month period, up... 


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RED-TAPE ALERT

25th February 2022

For several years, government has been promising to cut the unnecessary red tape undermining entrepreneurship and stifling investment. For this reason, President Cyril Ramaphosa’s appointment of... 


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DEATHLY ROOTS

18th February 2022

There is nothing startling in the report of the expert panel appointed to review government’s response to the July 2021 civil unrest. It confirms that factional politics is now having deadly... 


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THE PPE WE NEED NOW

11th February 2022

The final Special Investigating Unit report into fraud and corruption linked to the procurement of personal protective equipment (PPE), as well as other works and services purchased in response to... 


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PRICE SHOCK

4th February 2022

As expected, none of the non-Eskom stakeholders who made oral representations to the energy regulator on Eskom’s request for a 20.5% increase had any sympathy for such a hike. Doubly so given the... 


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