South Africa's recently unveiled Budget 2025 has fallen short of expectations, particularly in its commitment to inclusive economic growth. Economic analyst Kalnisha Singh described the budget as "hugely disappointing" during a recent interview, highlighting that it fails to reflect the promises made during the State of the Nation Address.
In an exclusive interview with Project CB News, Kalnisha, a development economist specializing in South Africa and the African continent, sheds light on the intricate interplay between renewable energy initiatives, socio-economic challenges, and the upcoming elections. With a focus on local economic development and community empowerment, Kalnisha provides valuable insights into the state of the South African economy and the complexities it faces.
The Masterplan defines the vision, objections and action plan for South Africa – in response to the
increased demand for green energy, and the pace at which technology is developing. The intention
of the masterplan is to define a strategic roadmap that could support the building of local value
chains and supporting local industrialisation in this new era of energy supply in our country and for
the continent.
On Thursday 10 August 2023 – the Gauteng Provincial Government hosted the Gauteng Energy
Indaba with the theme “Growing Gauteng Together 2030” at Gallagher Convention Centre in
Midrand.
As I listened to, and then read and reread the 2023 State of the Nation Address – the memories of all the times my parent’s dropped “the left hand doesn’t know what the right hand is doing”ran through my mind, as did its biblical origin.
Albert Einstein is rumoured to have said “Insanity is doing the same thing over and over and expecting different results”.
3 months ago at an event hosted by Wits School of Governance – the last time the South African Reserve Bank increased interest rates – Governor Lesetja Kganyago asserted “We hear your cries… We do not derive joy from people losing their houses and their cars…”. He further inferred that short-term “pains” are necessary to prevent the “erosion” of our income in the medium term.