Brian Molefe is the current Group Chief Executive of Transnet and his secondment is with immediate effect. His experience in having turned around the Public Investment Corporation and providing stability at Transnet is a clear indication that Molefe is no stranger in leading complex institutions.Brian Molefe, the newly appointed acting chief executive of Eskom.Minister of Public Enterprises Lynne Brown• Download the statement (PDF)On Wednesday I briefed the nation on the current state of the grid and the reasons for the implementation of stage 3 load shedding by Eskom.I am informed that the system is still tight. However, Eskom and its engineers are doing their utmost to contain further interruptions at our power plants.With than announcement I also informed the nation that I am looking at immediate steps to stabilise leadership at Eskom both at Executive and Board level.Eskom is a strategic asset and one of the major utilities on the continent. It is therefore critical that Eskom operates optimally and contributes to economic growth of the country.The decision to institute an inquiry has created uncertainty on Eskom’s ability to ensure security of supply and successful delivery of its build programme. I am happy to announce that the Terms of Reference for the appointment of an investigator is concluded and Dentons has been appointed to lead the enquiry. I will await a report from the Board as this process unfolds.In order to stabilise the executive leadership and after consultations with various stakeholders including President Jacob Zuma, Deputy President Cyril Ramaphosa, the Boards of both Transnet and Eskom, I have decided to second Mr Brian Molefe as Acting Chief Executive of Eskom.Mr Molefe is the current Group Chief Executive of Transnet and his secondment is with immediate effect.His experience in having turned around the Public Investment Corporation and providing stability at Transnet is a clear indication that Mr Molefe is no stranger in leading complex institutions. Given Eskom’s current financial and operational position, I am confident that we will be able to draw on his experience and understanding of the financial markets.This secondment is also considered in light of Mr Molefe’s extensive understanding of the public sector and the environment in which State-Owned Companies operate. As is evident from his CV, he has been involved with entities such as Telkom, the Airports Company of South Africa, the National Empowerment Fund and the Export Credit Insurance Corporation amongst others.Ladies and gentlemen, I now call on Mr Molefe to join us.This secondment allows Mr Sinethemba Khoza to resume his role as a member of the Board. I want to take this opportunity to thank Mr Khoza for acceding to the call to step in at a critical moment when his leadership was needed.To consolidate the leadership at Eskom, I will soon be submitting my recommendations to Cabinet on appointing additional members to strengthen and augment the required skills on the Board.In conclusion, I would like to thank the Transnet Board for agreeing to the secondment of Mr Molefe and the manner they dealt with this request.I would also like to appeal to the Eskom Executives and employees to welcome Mr Molefe and provide him with all the necessary support that he would require as he steers the company.Condensed CV of Mr Brian MolefeMr Molefe’s qualifications include the following: Masters of Business Leadership, University of South Africa; Post-Graduate Diploma in Economics, London University, School of Oriental and African Studies and a Bachelor of Commerce, University of South Africa.Majors: Accounting and Economics.Other training courses include: a Programme for Young Global Leaders, Kennedy School of Government, Harvard University (Cambridge, Mass. USA, 2009), Advanced Management Program, Harvard Business School (Boston 2006); and Executive Programme at Wharton Business School (Philadelphia USA, 2003).For enquiries contact Colin Cruywagen on 082 3779916 or enquiries contact Colin Cruywagen on 082 3779916 and firstname.lastname@example.orgIssued by Ministry of Public Enterprises 17 April 2015
Solar Sister empowers women in Africa to be entrepreneurs. They earn an income through selling solar power products, bringing light to homes across the continent and ending the terrible fires caused by candles and paraffin lamps that can devastate whole communities. More than 180 000 people in Uganda, Kenya and Tanzania are relying on solar power products instead of electricity. (Images: Facebook)• One million solar lamps light up Africa • Khi Solar One: renewable energy for the ages • Nigerian student builds solar car from scrap • Africa and space: the continent looks skyward • South African scientists track the sun’s storms Melissa JavanIn a world where not having electricity is the norm, Solar Sister has stepped in help with solar-powered products instead of candles, firewood and paraffin stoves and lamps.The non-profit organisation works in countries such as Uganda, Kenya and Tanzania, where female entrepreneurs sell solar products. Their efforts are making it possible for children to study at night; they are also curbing fires, which frequently result in devastating loss and death.Solar Sister, founded by Katherine Lucey and Neha Misra, was launched in 2010 with 10 female entrepreneurs. Five years later, it has trained more than 1 300 women for the programme. Products the women have sold already are estimated to have improved the lives of more than 180 000 people so far.“It is a very collaborative organisation that relies on partnerships to support our vast network of Solar Sister entrepreneurs. Partners include funding partners, manufacturing partners, implementation partners, et cetera,” explains Caroline Mailloux, the spokeswoman.Lucey, who worked as a banker in the energy sector, left her career of 20 years to spend more time with her children, she told the American news portal, Huffington Post. But she got restless. This initiative has already trained more than 1 300 women for the programme.Energy infrastructureWhen she started looking for work again, she kept in mind what she had done before. “I was focused on the energy sector, so on deals for building power plants,” she explained. “They were about $2-billion a clip and most of my work was in developing countries. Working in these areas, I got to see at the infrastructure level that energy was fundamental to the development of nations. There hasn’t been a nation which has successfully industrialised without energy.”The idea of bringing solar-powered energy to Uganda using a micro-consignment model sounded good, prompting Lucey to join an organisation called Solar Light for Africa, of which she is now a board member.Solar Light for Africa is a non-profit Christian organisation whose mission is to transform and empower the people of Africa by providing light and energy using the natural power of the sun. Its goal is to educate the public on the advantages of renewable energy.Lucey said she realised the lack of access to clean energy was a massive hindrance. “Without clean energy, you don’t have education, you don’t have clean water. Your children can’t study effectively.”This realisation sparked the idea for Solar Sister. The organisation provides women with planning and materials to sell solar-powered lanterns to replace the paraffin lamps that are the main source of light in Uganda. “These aren’t the pretty Coleman lanterns you find at a sporting goods store,” Lucey said. “They burn incredibly toxic, smokey and expensive kerosene.”Paraffin, or kerosene as it is known in the US, is a combustible hydrocarbon liquid widely used as a fuel in industry.Women as salespeopleWomen could be the strongest asset in a household, and to Solar Sister, said Lucey. “The best way to introduce new technology into a household is by a woman hearing from her sister or cousin, ‘I use this at night and my child is doing better in school’, or ‘I know that you lost a child to a kerosene fire last year, and I have a solution that will make sure that never happens again.’ This is the most effective sales force in the world, bar none.”About business, her advice is: “I highly recommend people get involved and work outside of your own sphere. It just expands your world.”The female entrepreneurs sing the praises of Solar Sister. Rita Adongo, in Uganda, said in a YouTube video that she knew most people in her village used firewood or paraffin lamps because they did not have electricity. “That is so much risk to the people in our community. There are things that come on the market – like now we have solar products.”Stella Aloyo, a regional sales associate in Uganda, said people were excited about Solar Sisters. “They are no longer bothered by kids saying: ‘Aah, there’s no fuel, there is no kerosene today. I will not read my homework.’”Her job includes recruiting, training and supporting Solar Sisters. “We have social workers who are entrepreneurs and we have students as entrepreneurs.” When Solar Sister is near, children no longer have to complain about not having paraffin or candles to study.Fiona Okomo, an entrepreneur, said they were lucky to not have any utility bills. “Solar Sister has only one bill – the sun.”Many of the entrepreneurs also said they were now able to pay their children’s school fees. One client earned €4 (about R54) per month before being approached by Solar Sisters. She now earns up to €14 (about R190) because she can work at night using her solar-powered light. “I work very hard for myself and my children.”Solar Sister aims to scale to five countries by 2020 and have 5 000 Solar Sister entrepreneurs – with a knock effect on 250 000 lives.Watch how Solar Sister made a difference in these women’s family life:
ROUND RESULTS20 November 20068.20amACT/NSW 30’s 7 def SYD MET 30’sSTH QLD WO 9 def SYD MET WO 0ACT/NSW 40’s 6 def STH STATES 40’s 19.00amSTH STATES 30’s 5 def STH QLD 35’s 210.20amSTH QLD 40’s2 def NTH QLD 40’s 0ACT/NSW WO 7 def STH STATES WO 011.00amACT/NSW 30’s 4 def STH STATES 30’s 3STH STATES MO 3 def ACT/NSW MO 212.20pmSTH QLD 30’s 13 def STH QLD 35’s 21.00pmACT/NSW WO 2 def BARBARIANS WO 1STH STATES WO 4 def SYD MET WO 11.40pmSTH QLD 40’s 3 def SYD MET 40’s 22.20pmACT/NSW 30’s 7 def STH QLD 35’s 2ACT/NSW 40’s 6 def NTH QLD 40’s 03.00pmSYD MET MO 5 def ACT/NSW MO 33.40pmSTH STATES 40’s 5 drew SYD MET 40’s 5STH QLD WO 4 def BARBARIANS WO 14.20pmNTH QLD MO 6 def STH STATES MO 4STH QLD 30’s 5 def STH STATES 30’s 421 November 20068.20amACT/NSW 30’s 6 def STH QLD 35’s 19.00amACT/NSW WO 7 def SYD MET WO 0 STH QLD WO 2 def STH STATES WO 09.40amSTH QLD 30’s 5 def SYD MET 30’s 2 10.20amSTH QLD 40’s 2 def STH STATES 40’s 0ACT/NSW 40’s 4 def SYD MET 40’s 111.00amACT/NSW MO 5 def NTH QLD MO 411.40amSTH STATES 30’s 7 def STH QLD 35’s 21.00pmACT/NSW WO 6 def STH QLD WO 4BARBARIANS WO 3 def STH STATES WO 11.40pmSYD MET MO 5 def NTH QLD MO 42.20pmACT/NSW 40’s 4 def STH QLD 40’s 2SYD MET 40’s 4 def NTH QLD 40’s 13.00pmSTH STATES 30’s 6 def SYD MET 30’s 1STH QLD 30’s 8 def STH QLD 35’s 33.40pmSTH STATES 40’s 6 def NTH QLD 40’s 2BARBARIANS WO 4 def SYD MET WO 04.20pmSYD MET MO 5 def STH STATES MO 322 November 20068.20amSTH STATES 30’s 4 def SYD MET 30’s 0ACT/NSW 30’s 3 def STH QLD 30’s 29.00amBARBARIANS WO 2 def STH QLD WO 1ACT/NSW WO 6 def STH STATES WO 29.40amSTH STATES MO 4 drew ACT/NSW MO 410.20amACT/NSW 40’s 3 def STH STATES 40’s 1STH QLD 40’s 5 def NTH QLD 40’s 211.00amACT/NSW 30’s 6 def STH QLD 30’s 412.20pmNTH QLD MO 7 def ACT/NSW MO 21.00pmACT/NSW WO 5 def BARBARIANS WO 1STH STATES WO 5 def SYD MET WO 11.40pmSTH STATES 30’s 4 def ACT/NSW 30’s 3SYD MET 30’s 5 def STH QLD 35’s 42.20pmACT/NSW 40’s 3 def NTH QLD 40’s 1 SYD MET 40’s 2 def STH QLD 40’s 13.40pmSYD MET 40’s 4 def STH STATES 40’s 2STH QLD WO 9 def SYD MET WO 04.20pmSYD MET MO 4 def STH STATES MO 223 November 20068.20amSTH QLD 35’s 4 def SYD MET 30’s 29.00amACT/NSW 40’s 11 def SYD MET 40’s 1STH STATES 40’s 3 def STH QLD 40’s 29.40amNTH QLD MO 5 def SYD MET MO 210.20amACT/NSW WO 8 def SYD MET WO 0STH STATES WO 2 def STH QLD WO 111.00amACT/NSW 30’s 9 def SYD MET 30’s 0STH QLD 30’s 7 def STH STATES 30’s 31.00pmNTH QLD 40’s 9 def SYD MET 40’s 01.40pmACT/NSW WO 1 drew STH QLD WO 1BARBARIANS WO 4 def STH STATES WO 22.20pmSTH QLD 30’s 6 def SYD MET 30’s 03.00pmSTH STATES 40’s 4 def NTH QLD 40’s 2ACT/NSW 40’s 5 def STH QLD 40’s 23.40pmSTH STATES MO 3 drew NTH QLD MO 3SYD MET MO 5 def ACT/NSW MO 24.20pmBARBARIANS WO 7def SYD MET WO 0FINAL DAY24 November 20068.00am Men’s 40’s Semi FinalsACT/NSW 40’s 4 def NTH QLD 40’s 1STH QLD 40’s 4 def STH STATES 40’s 29.00am Men’s 30’s Semi FinalsACT/NSW 30’s 11 def STH QLD 35’s 2STH STATES 30’s 5 def STH QLD 30’s 410.00am Women’s Open Semi FinalsACT/NSW WO 6 def STH STATES WO 2STH QLD WO 6 def BARBARIANS WO 111.00am Men’s Open Semi FinalsSYD MET MO 7 def ACT/NSW MO 5NTH QLD MO 5 def STH STATES MO 11.00pm M40 FinalACT/NSW 40’s 4 def STH QLD 40’s 12.00pm M30 FinalSTH STATES 30’s 5 def ACT/NSW 30’s 43.00pm Women’s FinalACT/NSW WO 5 def STH QLD WO 24.00pm Men’s Open FinalNTH QLD MO 7 def SYD MET MO 5
About the authorCarlos VolcanoShare the loveHave your say Real Madrid’s locker room happy to see back of Ronaldoby Carlos Volcano10 months agoSend to a friendShare the loveReal Madrid’s locker room isn’t missing Cristiano Ronaldo.While they’ve suffered without the Portuguese’s goals, Marca says as a personality, the Juventus striker isn’t missed.Ronaldo only has one friend left at Real – Marcelo – with the rest of the squad happy to see the back of him.The Juve star’s decision to snub the Ballon d’Or ceremony and Luka Modric’s triumph only further convinced Real’s players they’re better off without him.Indeed, there is lingering anger amongst the players that Ronaldo would swerve Modric’s biggest night of his career.
WASHINGTON – A clash in visions for the auto industry continued to cast doubt on the likelihood of an imminent NAFTA deal Tuesday as the three main players gathered for what could be a final effort to achieve an agreement this year.Any hope of a deal rests on Mexico and the U.S. bridging that still-significant gap.Sources said Mexico this week presented ideas on auto parts that differed substantially from the American goal at these talks: that is, to benefit production in high-wage jurisdictions.Mexico’s proposal lacked a firm wage standard as the U.S. has demanded, would require less North American content than the U.S. wants, ignored rules on using North American steel and would allow companies a 10-year adjustment period, more than double the proposed U.S. phase-in period.The countries continued to say they were making progress at this round, which is potentially the final opportunity to get an agreement before elections in Mexico and the U.S. leave the talks in a freeze until 2019.When asked how talks were going, Mexico’s lead minister Ildefonso Guajardo said: ”It’s going.”He said the countries were working to find solutions that might accommodate the different countries, which he noted have drastically different economic realities. In particular, Guajardo said the countries were trying to bridge differences on the salary standard.President Donald Trump’s son-in-law Jared Kushner also sounded a positive note as he popped in and out of different sessions at the round, being held across the street from the White House.”Very productive,” Kushner said.Canada’s Foreign Affairs Minister Chrystia Freeland used a vivid metaphor to describe the state of the NAFTA negotiations, as countries began a multi-day push to deliver a deal.She likened it to childbirth.”When I was giving birth, one of my midwives said, ‘You never know how long the labour will be, but you know that each contraction is one contraction closer to the baby being born.’ And if I could use such a personal metaphor, that seems to apply to trade negotiations,” she said.”We are definitely making progress. I am not going to predict the day and the minute and the hour that we will be finished.”Mexico and the U.S. are sharply divided over the American plan to credit companies for building cars in wealthier, high-wage countries — in other words, outside Mexico.A Mexico-U.S. meeting to resolve those differences ran overtime on Monday, delaying by a day Freeland’s latest encounter with U.S. counterpart Robert Lighthizer.Sources say Mexico has proposed that 70 per cent of all cars comprise North American parts to avoid a tariff — the U.S. has asked for 75 per cent. But the U.S. also wants a wage guarantee: that 40 per cent of every car be made in places that pay more than $16 an hour.A Canadian union leader present at the talks blamed Mexico for slow-walking efforts at wage reform.Jerry Dias of Unifor suggested that if the current Mexican government won’t agree to boost salaries, perhaps everyone should wait a few months until after the Mexican election and negotiate with the next president.Left-wing candidate Andres Manuel Lopez Obrador currently has a big lead in Mexico’s presidential polls.Dias called low wages in Mexico the central issue of this negotiation — ”the gorilla in the room.” And he said Mexican negotiators seem more interested in keeping salaries low than in helping workers.”You’ve got international American corporations … masquerading as Mexican negotiators. Nobody’s moving on the key issues,” Dias said.”Ultimately Canada and the United States at some time or another are gonna have to join forces and say to Mexico, ‘Here’s what the wages have to be in the auto industry, here’s what the rules have to be.’ And if Mexico flatly refuses then I suggest we should wait until after July 1, when there’s a new Mexican president.”Ultimately we’re gonna have to show Mexico we’re not messing around anymore.”One big unknown is what happens after an agreement on autos and whether the U.S. will soften other demands in order to get a quick deal.The auto rules themselves must be adjusted with care, as seemingly small changes could have a far-reaching.An industry-funded report for the Center for Automotive Research recently estimated that the proposed U.S. changes would amount to a multibillion-dollar tax on consumers, as car companies would face the choice to either abide by tougher new standards, or simply pay the 2.5 per cent vehicle tariff and possibly pass costs onto consumers.
He says one person secured themselves to a barricade, while two others attached themselves to the underside of a bus that was blocking access to a bridge and another was suspended in a hammock from the bridge.Stubbs says he understands there are concerns about the RCMP’s actions and its review will produce recommendations to address any issues, though he says none have been found yet.The RCMP reached an agreement with Wet’suwet’en hereditary chiefs last Thursday to allow Coastal GasLink workers across the bridge, and Stubbs says the Mounties will bring in a temporary detachment to the area.(THE CANADIAN PRESS) SURREY, B.C. – The RCMP will review the actions of its officers who arrested 14 people at an Indigenous pipeline blockade in northwestern British Columbia last week.The Mounties enforced a court injunction Jan. 7 allowing Coastal GasLink workers and contractors access to a work site where a natural gas pipeline is planned.Assistant commissioner Eric Stubbs says the situation was challenging and emotional, and he alleges the protesters’ actions toward police ranged from passive resistance to “actual assaultive behaviour.”
Other foreign companies that have reduced their exposure to the oilsands in recent years include Norway’s Statoil, Arkansas-based Murphy Oil, France’s Total SA and Houston-based ConocoPhillips.In research notes, CIBC analyst Jon Morrison says the Canadian assets would likely fetch between $3.5 billion and $5 billion if sold, while Eight Capital analyst Phil Skolnick estimates they could sell for between $7 billion and $9 billion.Jackfish is south of Fort McMurray near similar operations owned by Calgary-based rivals Cenovus Energy Inc. and MEG Energy Corp.Devon says it is making the move to exit Canada (as well as from the Barnett Shale area in Texas) so that it can complete its “transformation to a high-return U.S. oil growth business.” CALGARY, A.B. – Another foreign oil company says it’s getting out of the Canadian oilsands.Oklahoma City-based Devon Energy Corp. says it will pursue the “separation” of its Canadian assets from its core business, a move that could include an outright sale or creation of a new company to own and operate them.Devon owns the Jackfish steam-driven oilsands complex, with a capacity of 105,000 barrels per day of bitumen, as well as conventional heavy oil wells near Lloydminster, Alta., that produce about 15,000 bpd.
Mumbai: Debt-laden Infrastructure Leasing & Financial Services (IL&FS) Monday said GAIL (India) has emerged as the highest bidder for its seven operating wind power plants. The bidding process to these assets having 12 sites spread across seven states was launched in November last year. “Gail’s offer of approximately Rs 4,800 crore for 100 percent enterprise value contemplates no hair-cut to the debt of the SPVs, aggregating to nearly Rs 3,700 crore,’ the company said in a release. Also Read – Thermal coal import may surpass 200 MT this fiscalThese wind power assets have a total generation capacity of 874 MW. The proposal was approved by the committee of creditors of IL&FS Wind Energy (IWEL), majority owner of the SPVs, it said. The company said engagement with the ORIX Japan, the other shareholders in the SPVs, with regard to the proposal is in progress, and the deal is expected to close in three weeks, it said. The sale proceeds will be distributed as per the resolution framework filed with the National Company Law Appellate Tribunal (NCLAT) by the government,the company said. Also Read – Food grain output seen at 140.57 mt in current fiscal on monsoon boostThe closure of the deal will be subject to approval of Justice (Retd) D K Jain and NCLT. The Uday Kotak-led board of IL&FS group, as part of the resolution process has initiated sale of a number of group assets. Sale process for assets including education, funds, roads and thermal power plant are currently underway and binding financial bids are expected for these companies in stages by May 2019, it said. Under the resolution plan, the government has categorised IL&FS group companies into green, amber and red categories based on their financial position. Firms classified as “green” would continue to meet their payment obligations, while “amber” companies can meet only operational payment obligations to senior secured financial creditors. The “red” firms are the entities which cannot meet their payment obligations at all. Thousands of crores of money of more than 15 lakh employees of both public and private sector companies have exposure to IL&FS bonds. As these investments were classified as unsecured debt, the funds feared that all money would be lost if all market-related risks fell on them.
New Delhi: The Congress on Thursday ended the suspense over the candidature of Varanasi Lok Sabha seat by declaring Ajay Rai, who placed third in the 2014 election, as the party’s nominee for the seat instead of Priyanka Gandhi Vadra.Notably, Priyanka Gandhi had expressed her willingness to contest from the seat only on the wishes of party president Rahul Gandhi. The seat is currently represented by Prime Minister Narendra Modi. The Congress announced its nominee for the seat on the day PM Modi started a mega roadshow in Varanasi as a prelude to filing his election papers on Friday. The Congress reportedly debated pitting Priyanka Gandhi, often called its ‘Brahmastra’, against PM Modi but caution won out. Also Read – Uddhav bats for ‘Sena CM’The Millennium Post was the first to report that Priyanka Gandhi would only be fielded from Varanasi if Bahujan Samaj Party (BSP) supremo Mayawati agrees to extend her support as the Samajwadi Party (SP) was ‘ready’ to withdraw the candidature of Shalini Yadav, whose name was declared by the SP on Tuesday. Shalini Yadav, the daughter-in-law of a former Congress lawmaker as the opposition candidate from Varanasi. In 2014, Ajay Rai finished a poor third in Varanasi, with only 75,000 votes. The Aam Aadmi Party’s Arvind Kejriwal came second with around two lakh votes. None of them came anywhere close to the Prime Minister’s 5.8 lakh. Also Read – Farooq demands unconditional release of all detainees in J&KPriyanka Gandhi had said that till now that she would contest from Varanasi “if the party asks me.” Since, she joined politics in January and was appointed one of the two general secretaries in-charge of the Congress campaign in Uttar Pradesh, there had been a buzz about the party fielding her against PM Modi. Priyanka Gandhi was given charge of eastern UP, which includes Varanasi. Her three-day boat campaign last month also ended in Varanasi, and this was read by many as more proof that the Congress was ready to go for broke. Priyanka Gandhi did nothing to stop the rumours. During an interaction with Congress workers who wanted her to contest from Raebareli, her mother Sonia Gandhi’s constituency, she said, “Why not Varanasi?” While campaigning in UP, Priyanka Gandhi has often spoken about what she calls PM Modi’s neglect of Varanasi as he roamed the world. “I was stunned to hear from people in Varanasi that in five years, the PM didn’t get time to go to a single village, visit even one family in his constituency,” she has said in rally after rally, accusing PM Modi of running a government indifferent to the poor. Taking a dig at Priyanka after the announcement, BJP leader GVL Narasimha Rao claimed that she “chickened out” of the contest after toying with the idea. “Like brother, like sister. Rahul Gandhi runs away to a faraway constituency and sister Priyanka Gandhi Vadra chickens out of a contest after toying with the idea. Naamdars have already conceded big defeat to the kaamdar PM Narendra Modi ji,” the BJP leader said in his tweet. Varanasi votes on May 19 in the last phase of the national elections. The results of the seven-phase polls will be announced on May 23.