News and updates from the continent

GPT commits to sustainable communities

GPT commits to sustainable communities

May 31, 2013

Global Payment Technologies (GPT) is planting 1 111 trees in celebration of World Water Day, in this international year of water co-operation. This is a celebration of water and an urgent reminder of the value of this one essential element that unites all living beings. It acknowledges that the success of water co-operation depends on each and every person. ...

Carbon tax is coming …

Carbon tax is coming …

May 31, 2013

Carbon tax will soon become a reality, although there is still not much clarity on how it will be implemented. However, it is now certain that it will take place, with Financial Minister Pravin Gordhan announcing in his recent budget that the tax will come into effect in 2014. So much for the bad news: the good news is that the impact of the tax will be...

DRC to launch hydroelectric plant in 2015

DRC to launch hydroelectric plant in 2015

May 31, 2013

Following the initialling of an energy co-operation treaty between the Democratic Republic of the Congo and the Republic of South Africa on 7 March 2013, the DRC has now re-launched the process for the selection of a developer and established the objective of laying the first foundation stone for the Grand Inga project in October 2015. The first phase of...

Climate change is everyone’s problem

Climate change is everyone’s problem

May 31, 2013

Carbon emissions and climate change are not new challenges: for years the world has been agonising over the problem and seeking ways to alleviate its negative effects. In South Africa, however, people have tended to pay lip service to the environment. Although the country is a signatory to numerous pledges around environmentally-sustainable practices, consumers...

Much ado about carbon credits

Much ado about carbon credits

May 31, 2013

The developed world has taken the lead in tackling the problem of carbon emissions and climate change, with the richest nations among the first to commit to reducing their emissions. However, the developing world can also reap the rewards of reduced emissions through the trading of carbon credits. It’s a hugely complex arrangement, but is simplified by...