The Week In Perspective
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Asian shares and U.S. stock futures slipped in early trade this morning, as Amazon and Apple quarterly earnings bucked a recent strong trend and growth and inflation fears continued to weigh.
Investors, particularly in bond and currency markets, are also worried about varied responses by central banks worldwide to rising inflation.
At least Mineral resources & energy minister Gwede Mantashe announced 25 new renewable energy projects that will deliver wind and solar energy at record low prices for SA.
So the question must be asked, if it’s cheap now, and it can be brought on stream much, much quicker than new coal, gas or nuclear, why don't we revisit the IRP and raise procurement allocations of RE urgently?
To put things into perspective Michael Avery is joined by Nesan Nair, senior portfolio manager at Sasfin; Raymond Parsons, professor in the School of Business and Governance at Northwest University and Isaah Mhlanga, Chief Economist at Alex Forbes
Investors, particularly in bond and currency markets, are also worried about varied responses by central banks worldwide to rising inflation.
At least Mineral resources & energy minister Gwede Mantashe announced 25 new renewable energy projects that will deliver wind and solar energy at record low prices for SA.
So the question must be asked, if it’s cheap now, and it can be brought on stream much, much quicker than new coal, gas or nuclear, why don't we revisit the IRP and raise procurement allocations of RE urgently?
To put things into perspective Michael Avery is joined by Nesan Nair, senior portfolio manager at Sasfin; Raymond Parsons, professor in the School of Business and Governance at Northwest University and Isaah Mhlanga, Chief Economist at Alex Forbes
