I expect it is going to be whatever they pay Eskom for the same energy, in other words, around 90 cents or so per unit. Far from “half”. The low-end price (under 600kWh) is already R2.63/kWh.
Also, I wonder if you will be required to register for provisional tax when you do this
Alright, so I moved from mild irritation to enlightenment in a few seconds. I always thought HODL was a web 3.0 way of writing “hold” for crypto fanboys. Today I learned it means “hold on for dear life”. I suppose I need to thank you for that.
Speaking of crypto, which I probably shouldn’t, but I have never quite understood the attraction as an “investment”. Make no mistake, of course you can make money off of it, through speculation. But not through “investment”. That’s like investing in Euros or Dollars or Mexican Pesos, or NZ$ if you are into something a bit more volatile… except that it is entirely sentiment with zero fundamentals
Both are applicable to where this is going in the next few months.
EDIT: I threw some money away at crypto, and made 100% profit within days. Took out what I put in, left the profits, and since then profits have gone up a LOT, every once in a while I draw some for beer money.
Ja I don’t think you should go order that Solis quite yet. There will be fights, there will be court cases, there will be appeals to the court cases, then there will be mistakes made and growing pains and finally only then they’ll open it up to the general consumer.
I think I’ve just grown an aversion to first l33tspeak (back in the 90s), when people thought it was cool to replace letters with numbers because it makes you look like a l33t h4x0r, and then the Web 2.0 era where it was cool to misspell things be dropping a vowel, and then all of a sudden people were hodling and I was convinced it’s a bunch of 20 year olds continuing the trend. Which it probably was.
And I made 45% profit on the sale of cattle, but now it looks like Meatco in Namibia might be bankrupt, so I may be making a 100% loss. And I could have bought as several Solises with that money…
MyBB and Business Tech love clickbait titles, and then we won’t even get into : Partner/Sponsored content that sometimes is presented like “real” news.
Honestly its a business model I don’t feel is ethical, selling outrage should not be core to your business plan.
Ramaphosa was quite explicit in his usage of “renewable” and “sustainable”, so I don’t think Karpowership stands a chance. Dead in the water, as it were.
Now if they declared a State of Disaster, which allows bypassing legislation completely, I would say that was the direction. But they’re explicitly not doing that, rather amending legislation via Parliament. I really don’t think they’d go that direction if they were planning to steamroll everything.
Also: They’re streamlining the environmental approvals in areas “of low and medium sensitivity”. Think Northern Cape, existing power corridors, etc, not harbours. In any case Creecy takes her job very seriously: I don’t see Mantashe bullying her. He’s been very unsuccessful thus far.
Gents, and ladies if any, do not think logically, nor what you would do in this situation because that is not what the comrades over there are thinking. No na-ah. They thinking who can a tender be assigned to that is part of the network and monies can be had.
Nothing has anything to do with what’s best for SA or the best for business when it’s not a comrades business. Look at most, not all but most, of the entities that sprouted in the Wind and PV IPP markets for a clue. Follow the money.
