Matilda Malope

Why can't SADC countries come together and build an Oil Refinery Plant in Angola and build pipe lines that service all these countries instead of spending millions of dollars buying fuel in the Middle East What stops Africans from doing this?.

TIMELINE- THE RISE OF IPPs in SOUTH AFRICA. ▫️2008 Brian Dames became the chief officer of Eskom Generation. ▫️2009 Patrice Motsepe says Eskom electricity is too cheap and that was preventing independent power producers. ▫️2010 Brain Dames became CEO of Eskom. ▫️ 2011 first bid window for solar and wind projects to be funded by eskom. ▫️2012 Globeleq established HQ in Cape Town. Globeleq is the leading IPP company in Africa and is owned by the UK government. ▫️2012 Cyril Ramaphosa returns to frontline politics and is elected deputy president of the ANC. ▫️2014: 121 hours of load shedding recorded. ▫️ March 2014 Brian Dames resigns from Eskom ▫️Sept 2014 Brian Dames joins African Rainbow Minerals and Energy owned by Patrice Motsepe. ▫️ Dec 2014 Cyril Ramaphosa assigned to oversee the turnaround of Eskom in what was labelled the “war room.” ▫️2015 : 858 hours of load shedding ▫️ 2017: Cyril Ramaphosa wins ANC conference. ▫️ 2018: Cyril Ramaphosa becomes president of South Africa. 🔑 Pravin Gordhan appointed minister of Public Enterprises- overseeing Eskom. ▫️2018: 127 hours of load shedding ▫️2019: 528 hours of load shedding ▫️2020: 859 hours of load shedding ▫️2021: 1099 hours of load shedding ▫️2021: IPP bid window 5 ▫️ 2021 Ikamva Consortium - secured 12 of the 25 projects on offer. 🔑 info : The Ikamva Consortium includes Oslo-listed Aker Horizon's Mainstream, South African billionaire Patrice Motsepe's Africa Rainbow Energy & Power, local firm H1 Holdings and Globeleq, which the development finance institutions of Britain and Norway owns. ▫️2022 The National Energy Regulator of South Africa (Nersa) has awarded an electricity trading license to Remgro’s The Energy Exchange. Remgro is owned by Johann Rupert. ▫️2023: R41 billion spent by Eskom on IPPs which represents 27% of expenditure. Ipp’s only generated 8% of the power in 2023. 🔑 info: Between 1988 and 2007, electricity tariffs increased by 223%, whilst inflation over this period was 335%. ‼️From the 2008 there was a clear and sharp inflection point for electricity tariffs in South Africa. ‼️‼️‼️‼️ From 2008 to 2022, electricity tariffs increased by 653%, whilst inflation over this period was 129%. Thus, electricity tariffs increased four-fold (or quadrupled) in real money terms in 14 years. “Connect the dots” - Pravin Gordhan

In Morocco 🇲🇦, two journalists—one from Mali 🇲🇱 and one from Cameroon 🇨🇲—were found dead in their hotel rooms after speaking out about corruption in the AFCON. Many Senegalese fans are being arrested and charged for misconduct during the final match, instead of the Moroccan Football Association charging the Senegalese Football Association for their fans' misconduct according to FIFA codes. The Moroccan government and its people should be ashamed for turning football into a disaster. FIFA and the useless CAF need to act.