Tag: Auditor-General (South Africa)

EconomyTrade

Southern Africa Holds 30% of World’s Critical Minerals But Faces Funding Hurdles, Report Reveals

Southern Africa holds approximately 30% of the world’s critical mineral resources but faces eight major financing barriers limiting development. A new World Economic Forum report identifies policy uncertainty and investment risks as key challenges preventing the region from leveraging its mineral wealth for economic growth.

Southern Africa’s Critical Mineral Potential

As global demand for clean energy technologies accelerates, Southern Africa‘s abundant critical mineral reserves have become increasingly vital to the energy transition, according to reports from the World Economic Forum. The “Financing Southern Africa’s Clean Power and Critical Minerals” report reveals the region holds about 30% of the world’s critical-mineral resources, including copper, cobalt, lithium, graphite, manganese, chromium, vanadium and platinum-group metals.

by Harlow Wesley
BusinessEnergy

Sanedi Reports Perfect Performance Score and Fourth Straight Clean Audit in 2024/25

The South African National Energy Development Institute has reportedly achieved all its performance targets for the 2024/25 fiscal year while securing a fourth consecutive clean audit. Sources indicate the organization’s work has generated significant energy savings and tax incentives while supporting community development projects.

Perfect Performance Record Achieved

The South African National Energy Development Institute (Sanedi) has reportedly achieved an “outstanding performance” for the 2024/25 fiscal year, achieving 100% of its performance targets and securing a fourth consecutive clean audit opinion from the Auditor-General of South Africa (AGSA). According to reports, this exceptional outcome reflects the organization’s commitment to excellence, integrity and impact in advancing South Africa‘s energy sector.

by Harlow Wesley