ͳǤͷ trillion for energy transition

“France, Germany the UK, the US and the European Union pledged around R 40 billion Rand to support our Just Transition. An initial amount of R 10.7 billion has been received in low-interest loans from Germany and France. While South Africa welcomes low interests or conventional loans, a substantial portion of these loans needs to be in the form of grants,” he explains.

Meanwhile, Ministers from various African countries are meeting in Sharm El Sheikh, Egypt. The aim of the session is to ensure that continent

iwe Mapisa-Nqakula appointed the Section 89 inquiry panel following a motion by ATM leader Vuyolwethu Zungula for Ramaphosa’s removal on the grounds of ‘a serious violation of the Constitution or the law and serious misconduct’.

Ramaphosa told a panel he was innocent of charges that he violated the Constitution and his oath of office.

At the weekend, Ramaphosa came under attack, with regard to the Phala Phala allegations, on the first day of the ANC’s National Executive Committee (NEC) meeting.

There were calls for him to step aside - and his explanation was deemed, by some in the NEC, to be inadequate. speaks with one voice in response to issues raised at the COP27 climate summit.

AU commissioner Estherine Fotabong said the issue of Just Energy Transition was critical.

“In the context of Just Transition, we of course need to balance the change of getting to the green economy and zero carbon economy and that of economic interest of the African continent and the African people. It is, therefore, important that as we finalise this last week of negotiations we give our negotiations to the guidance of the ministers the courage to change the things that we have to change in terms of contributing to Just Transition.”