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realNEWS December 2014

Nolan


Published on December 2, 2014

of electricity demand and production which anticipates that about 42% of electricity generated will need to come from renewable resources. At the same time, however, SA has all-but-agreed on a US$50- billion strategic partnership with Russia to increase its nuclear power generation capacity and our Energy Minister Tina Joemat-Pettersson has said the country sees nuclear power as ―an important driver of economic growth‖. On the subject of the Russian deal she sai d: ―I’m sure that co-operation with Russia will allow us to implement our ambitious plans for the creation by 2030 of 9,6GW of new nuclear capacity based on modern and safe technologies,‖ so this transaction – although later denied as being final - would seem to be aligned with President Jacob Zuma’s State of the Nation address earlier this year, in which he said the Energy Department had committed to building more nuclear power stations, that would generate around 9600MW of nuclear energy a year. He also said another new coal power station would be built, in addition to the two mega-stations underway at Medupi and Kusile. Unfortunately, though, the topic of renewable technology and government’s own Integrated Resource Plan did not really feature in this address. According to Prof William Gumede of Democracy Works, the government’s focus on nuclear energy comes with the perceived bonus of tying SA more closely to the other BRICS nations (Brazil, Russia, India and China), all of whom are nuclear-inclined states wanting to sell technology to the country. However, he notes, it goes against SA’s international climate change commitments and its own energy plans, as well as the global shift towards renewable energy. Gumede also says SA does not have the institutional capacity for a nuclear build and no clear national plan for energy. As a result, each level of government has begun ―doing its own thing‖ , which mostly means going with tried and tested technologies – mainly coal. Now considering all of the above, and admittedly being a bit of a tree- hugger, I cannot help but wonder what has happened to government’s 2009 voluntary pledge to lower SA’s carbon emissions by 42% by 2025. Quoting someone frank: ― He who rejects change is the architect of decay. The only human institution which rejects progress is the cemetery. ‖ ~ Harold Wilson Jan Davel Congratulations to Justin Clarke We were honoured to have Private Property founder Justin Clarke come and address RealNet’s franchisees at the 2012 National Franchise Seminar in the Waterberg and now, as CEO of One Africa Media (OAM), he has just won the emerging category of the 2014 EY World Entrepreneur Awards. Justin originally didn’t want to enter because he thought he was under-qualified, but the award acknowledges just what a significant contribution he has made to the southern African economy and the role he played in founding the Private Property brand. OAM owns market-leading businesses in Africa’s real estate, jobs, cars and travel online classified sectors. It employs more than 600 people in three hubs in South Africa, Nigeria and Kenya with satellite offices in Ghana, Tanzania, Zimbabwe and Uganda – all countries with rapidly growing gross domestic product (GDP) and internet and mobile penetration rates. The EY award recognises entrepreneurs who demonstrate excellence and extraordinary success in innovation, financial performance and personal commitment to their businesses and communities, and Justin says winning the emerging entrepreneur category award has given the company a platform on which to consolidate a marketing and education strategy. Previously the group has focused on building its brands individually, but OAM is ―a big story for SSA and Africa‖, he says, and it will now be ―taking advantage of being thrust into the limelight‖. Congratulations Justin, RealNet salutes you.