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Naamsa sees slight uptick in EVs in South Africa

According to the National Association of Automobile Manufacturers of South Africa (NAAMSA), overthe last year, 387,125 vehicles worth R148 billion, along with R53.7 billion worth of automotivecomponents, were exported from South Africa to 151 countries.The international trend toward electric vehicles (EVs) is growing with NAAMSA  expecting that 40%of all European vehicle sales will be EVs…

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Mine disaster signals large ESG risks as President visits Free State disaster zone.

President Cyril Ramaphosa will on Monday, 12 September 2022, visit the Jagersfontein-Charlesvillearea in the Free State where a mudslide has claimed lives and destroyed homes.Flooding caused by the collapse of a mine dam wall in South Africa’s Free State province has sweptaway houses and cars, killing one and injuring 40 others.On Sunday, a river of…

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Global consulting firm boosts Sustainability capability with acquisition

Accenture has acquired Carbon Intelligence, a leading carbon and climate change strategyconsultancy, adding more than 160 professionals to its rapidly growing group of data scientists,consultants and sustainability experts. Carbon Intelligence is focused on helping global businessesunderstand their overall carbon footprints, and ways to reduce them, using Science BasedTargets Initiative (SBTi) strategies that lead to transformational rethinking of clients’ business…

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African Development Bank, Vodacom talk big on ahead of COP 27

With just a few months before the red carpets are rolled out for global leaders at this year’s long-awaited COP27 in Sharm El Sheikh, Egypt, large corporations and development finance institutionsare beating their path to commit large investments towards facilitating achievement of JustTransition targets amongst their investee countries.Speaking at the 2022 Africa Climate Week in…

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Lavish the cash

To imagine a complete, supplant of human brain capacity to AI could be a remote achievement by all stretches of the imagination. To treat brain cells would require some significant measure of investment in similar studies, that’s common medical and human approbation, of which extant is underwritten by the elaborate monies laid out.However, assuming that…

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EVs gain foothold

According to the National Association of Automobile Manufacturers of South Africa (NAAMSA), over the last year, 387,125 vehicles worth R148 billion, along with R53.7 billion worth of automotive components, were exported from South Africa to 151 countries. The international trend toward electric vehicles (EVs) is growing with NAAMSA  expecting that 40% of all European vehicle…

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Government EVs Framework

Ramaphosa said the framework advocates for a massive expansion of renewable energy, battery storage, new energy vehicles, green minerals and the hydrogen economy. The framework underpins an agreement between South Africa, the UK, US, Germany, France and the EU to grant access to an $8.5 billion investment in the shift away from fossil fuels. The…

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