South Africa

According to the Business Wire report of 2021, South Africa generates up to 108 million tonnes of annual waste, about 90 per cent of this which ends up in landfills. The problem is that landfills are projected to be full in a few years to come.

The national waste management strategy gazette by the government in 2020 gives a clear direction on how to acquire raw products for metal products and how to even trade the final products.

The producer’s responsibility scheme hold the manufacturers responsible for their products and packaging to the end of their life cycle.

The South African solar photovoltaic (PV) market is increasing exponentially.

Solar Power Market outlook expects the solar market to register a CAGR of over 10 per cent from 2021 – 2026, reaching an installed capacity of more than 3.6 GW by 2026, up from 1.48 GW in 2019.

Solar power production in South Africa comes when the country is aligning to reduce carbon emissions through a transition from coal to other clean energy sources. This step is not an easy fit.

Ratings agency pronouncements are important in that they determine the financial standing of a country in the markets. When a country has unfavourable ratings, it will find it difficult to borrow without paying high-interest rates.

Conversely, favourable ratings indicate a much more stable credit proposition which will enable a borrower to access funding at concessionary rates.

South Africa has received funding to the tune of tens of billions of Rand from developed countries. This financial package has been to assist the country in reducing its reliance on fossil fuels for its energy. The country received this money immediately after the COP 26 conference last year.

These prospective customer circumstances have provided the proverbial “ace” which Capitec has played very successfully during its 21 years of existence.

Capitec’s success is attributable largely to the leadership of one man Stassen and the support of his team. Stassen for his part is not a traditional banker, he was during his time at the helm of the bank an even more unconventional CEO.

In his own words, he is non-hierarchical, consultative, and often informal in his approach. By his own admission, he is not a natural reader but said that he learns a lot from observation… Typically the average chief executive is said to read at least 52 books a year… but then Stassen was not an average CEO.

The company, founded in 2012, launched its online food ordering platform in 2013. In 2015, it launched its on-demand fast-food delivery app, becoming the first in South Africa to offer this service.

However, in 2020, Orderin officially shut down its consumer business. The brand relaunched last year as a B2B service, following successful projects helping other businesses develop their own delivery services.

The firm has provided delivery services for the likes of McDonalds and Pick n Pay.