Eco Minute 13:30

BULLETIN 21 August 1:30 pm

Good afternoon, here is your Eco Minute:

# Sasol has confirmed a year-long extension of its gas supply from southern Mozambique to South African industrial customers, until June 2027. However, this extension serves as a bridge to liquified natural gas imports. Sasol’s CEO, Simon Baloyi, emphasises the feasible gas supply to industrial customers will decrease as reserves deplete. Baloyi confirms Sasol’s facilities in Sasolburg and Secunda will continue receiving gas until the mid-2030s. Meanwhile Sasol is actively discussing a liquified natural gas import terminal construction in Maputo to ensure a consistent supply during the transition.

# Solarise Africa has secured a 160-million-rand investment from Mergence Investment Managers to advance commercial and industrial-scale renewable energy solutions in South Africa. This funding will enhance the company’s ability to expand its industry profile and support businesses in adopting reliable, clean energy. Solarise Africa CEO, Jan Albert Valk, says the funds will primarily be used to finance the installation and expansion of solar energy systems for commercial and industrial clients, helping to reduce energy costs and carbon footprints.

# And finally, the DA in Mpumalanga has expressed concern at the discovery of thousands of dead fish at a government-backed fish farm, specialising in Mozambican tilapia. The National Council of SPCAs which made the discovery, says the absence of heating systems left water temperatures far below the optimal range for Mozambican tilapia, which thrive in environments between 17 and 25 degrees Celius. The DA’s Tersia Marshall says this highlights the broader implications for food security and environmental sustainability:

Stay tuned for more news………….