Energy expert questions R9 billion World Bank loan to repurpose Komati

Energy expert, Matthew Cruise has raised questions about a multi-billion rand loan from the World Bank awarded to South Africa, saying the benefit to the country would be limited.

The World Bank approved an R9 billion loan to repurpose the coal-fired Komati power plant using renewables and batteries on Friday.

The lifespan of the plant in Mpumalanga came to an end on Monday after being in operation since 1961.

In a statement, the bank said the project would create opportunities for affected workers and communities.

However, Cruise believes it will not do much to resolve South Africa’s energy crisis.

“Why’s the government, seeing that Germany is now actually going back to coal and opening up their plans of bringing nuclear back after realizing that big solar farms and big wind farms cannot be relied upon for stable electricity… but it is very concerning for me to see that, with the load shedding we have, the government’s just talking about renewables when it doesn’t really solve the problem.”

-EWN

In other news – DJ Cleo finally addresses his viral photos with Brickz in prison

South African Kwaito, House music, and Hip hop producer, DJ Cleo breaks his silence after years of receiving backlash for supposedly visiting his friend who is behind bars, Brickz. During a Podcast and Chill with MacG, The DJ has denied ever willingly visiting Brickz in jail.

Back in 2019 when the photos of DJ Cleo and Brickz were circulating all over newspapers and social media. For a moment, DJ Cleo was the most hated celebrity as the public as well as fellow celebrities called him out for visiting Brickz. Learn More