Author Archives: GIBS Blog

Renewable power bid window 7 to open in June (BL)

The bid window will target solar and wind energy projects. It will make no difference to load-shedding in the short term, but the government’s National Energy Crisis Committee (Necom) hopes to approach the market next month to procure more than 9,000MW of generation and energy storage capacity. A detailed assessment of the viability of delaying […]
Read More »

African Energy Chamber (AEC) to drive East African Crude Oil Pipeline (iAfrica)

In order to make energy poverty history by 2030, Africa needs to develop large-scale infrastructure projects that support the transportation and export of oil and gas. As an advocate for the development of such projects, the African Energy Chamber (AEC) (www.EnergyChamber.org) – led by Executive Chairman NJ Ayuk – will participate at the upcoming East […]
Read More »

Sasol still awaits approval to sell cyanide business (Moneyweb)

Competition Tribunal weighing effects of selling mining industry’s only producer of ‘a critical input’ to a Czech firm. South Africa’s competition authorities still have not yet approved the 2021 sale of Sasol’s sodium cyanide business. The Competition Commission (CompCom), concerned that the sale of the country’s only producer of sodium cyanide will harm the local […]
Read More »

Which of SA’s big banks will finish the year strongest? (Moneyweb)

South Africa’s banking earnings season has come and gone and market watchers are now peeling their eyes to see which of the country’s big six lenders, faced with a myriad of economic headwinds, will finish the year in a strong position. Bank profits have been healthy so far, with some delivering record headline earnings and […]
Read More »

AI indispensable for business success (IOL)

Artificial Intelligence (AI) has become increasingly important in business due to its ability to help companies automate repetitive tasks, make business processes more efficient and improve decision-making processes. It also enables companies to analyse large amounts of data, increase productivity and enhance the customer experience. Ultimately this can lead to a competitive advantage in the […]
Read More »

Alarming study findings indicate food we consume is becoming less nutritious — and it’s set to get worse (DM)

But solutions are not at all simple particularly in terms of from agricultural and consumer practices. Is our food becoming less nutritious? If we use the most useful definition of “nutritious” —“having a macronutrient profile that is conducive to health, and a high ratio of micronutrients to calories” — the short answer is yes, and […]
Read More »

Export potential for East African avocados and fresh produce to Europe, Middle East. (How we made it in Africa)

Maris Africa is an investment holding company with a diversified portfolio across five sectors in 12 African countries. Jeanette Clark speaks with Charlie Tryon, CEO and co-founder of Maris, about opportunities in the continent’s agriculture and forestry sectors. What opportunities and trends do you currently see in the agricultural sector? There is a big move towards increased […]
Read More »

The digital trends disrupting the banking industry in 2023 (InsiderIntelligence)

Banking Industry Overview The banking industry is in a much healthier place now than it was after the financial crisis of 2008. Total global assets climbed to $154,211 in 2022, up 3.79 percent YoY from 148,583 in 2021, according to The Banker’s Top 1000 World Banks Ranking for 2022.  With so much money to manage, major banks such as […]
Read More »

Building your business with AI (IOL)

In fact, 86% of CEOs mentioned that AI plays an important role in their businesses, not in the form of robots and complex machinery, but software to run their day-to-day operations. From predicting customer behaviour to handling communication, AI in business is becoming indispensable in ways never seen before. AI applications have significantly evolved over […]
Read More »

Africa’s energy sector needs to radically transform (Moneyweb)

The future of Africa’s energy sector is getting increasing attention from policymakers and the private sector. As demand for energy rises, current energy systems must grow rapidly to meet it. This must be done in reliable, resilient and affordable ways – while “staying the course” of climate compatibility and ensuring access for all. Internationally, the future of […]
Read More »