Standard Bank, Africa’s biggest lender, and Sumitomo Mitsui Banking Corporation (SMBC) of Japan are reportedly about to finance a 1,443-kilometer crude oil pipeline through Uganda and Tanzania. If built, the East African Crude Oil Pipeline (EACOP) would be the longest heated crude oil pipeline in the world. Extinction Rebellion SA condemns the pipeline project and will take … [Read more...]
New fund aims to grow green businesses in SA
The Green Outcomes Fund (GOF), a first of its kind structure, incentivises local South African fund managers to increase investment in green businesses. Through a partnership officially signed on 31 January 2020 between National Treasury’s Jobs Fund and GreenCape, the R488m fund provides outcomes-based matched (concessional) funding to local investment funds to support … [Read more...]
Curbing SA’s unemployment problem with #ImStaying
In its first major move to focus on entrepreneurship and unemployment, ImStaying NPC together with The Lions Den launches the #ImStaying Entrepreneur Movement. They aim to lower the unemployment rate by 5% over the next 5 years. Start-ups, entrepreneurs, business owners, those thinking of starting a business, those who want to create a second revenue stream or a side hustle, … [Read more...]
Which corporations are genuine about fighting climate change?
When Larry Fink announced in mid-January he’d be putting solving the climate emergency at the center of his US$7.43 trillion investment company BlackRock’s strategy, even long-time critics acknowledged it was a huge deal. “It takes leadership and a certain kind of courage to admit that change is needed,” wrote Sierra Club executive director Michael Brune at CNBC. “Now we … [Read more...]
Extinction Rebellion responds to 2020 SONA
“We undertake this decisive shift in our energy trajectory at a time when humankind faces its greatest existential threat in the form of climate change. Yesterday I met Ayakha Melithafa, a young climate activist from Eerste Rivier who attended the World Economic Forum in Davos this year to call on world leaders to stand firmly for climate justice. Ayakha asked me to make … [Read more...]
IT entrepreneur tackles e-waste one town at a time
Cracked mobile phones, leaking batteries, broken kitchen appliances, obsolete televisions… The twisted cords of toxic electronic waste are strangling South Africans. Seeing the danger, a North West entrepreneur has taken matters into his own hands, reports Rebekah Funk. As the use of technology grows at a seemingly insatiable pace, so too does the staggering amount of … [Read more...]
Public comment sought on carbon tax regulations
Following the coming into effect of the Carbon Tax Act, National Treasury is seeking public comment into the Draft Regulations for Trade Exposure Allowance and the Draft Regulations for the Greenhouse Gas (GHG) Emissions Intensity Benchmarks. “The National Treasury has published for public comment two further sets of regulations, namely Draft Regulations for the Trade … [Read more...]
The road to ending plastic waste in SA
The South African Initiative to End Plastic Waste has already made important progress in its efforts to find workable solutions that will prevent plastic from polluting the environment. According to Plastics SA executive director Anton Hanekom, this initiative was formed earlier this year and enjoys the support and active participation of the entire packaging value chain – … [Read more...]
Entrepreneurs sought for growing Cape’s green economy
GreenCape and the Friedrich Naumann Foundation for Freedom (FNF), in partnership with Invest Cape Town, an initiative of the City of Cape Town, invite innovators and entrepreneurs with economically viable green economy innovation business ideas to enter the FNF GreenPitch Challenge 2019. Entries are open from Monday 18 November until noon on Friday 29 November. “The FNF is … [Read more...]
Youth Entrepreneurship Programme boosts budding farmers
Nine budding farmers from around the country have made the cut as finalists in the SAB Urban Agriculture / Youth Entrepreneurship Programme. It seeks to have young people identify and invest in hydroponic technology and transform it into thriving farming businesses. Each of the finalists will receive training and investment to grow their farms. In October 2019, Stats … [Read more...]
Recycling plastic presents income opportunities for South Africans
One of the best motivating forces for recycling plastic waste comes from the income opportunities that it creates. This is why South Africa has such a large sector of informal waste pickers – citizens that collect plastic recyclables from landfills and other waste streams and sell them to recycling companies for a profit. Waste management is an important part of society. … [Read more...]
Soweto recycling entrepreneur cleans up with equipment boost
With a desire to clean up Soweto, educate the community and combat the problem of overfull landfills, waste management company Pendowave founder and MD Gordon Nkuta has built a thriving recycling business and has now earned the support of one of the world’s largest polyethylene terephthalate (PET) plastic converters. Nkuta started his buy-back centre in Diepkloof Zone 6 in … [Read more...]
Global climate strike: if a kid says help, you help
One year ago, Greta Thunberg began her “school strike for the climate’’. Her argument was that if the world’s adults weren’t willing to prepare the planet for her generation, they had no right to demand that her generation spend their youth preparing for the future. Kids across the planet saw the logic. Since then the biggest days of youth-led action have seen 1.4 million … [Read more...]
