• Conflict over water, coal

    SA's leaders have upped their support of the water-intensive coal industry, says Keith Schneider.

  • Cost of doing business

    The world can't afford the $4.7trn a year in environmental costs of business, says Mandi Smallhorne.

  • Voter paralysis

    With so much tilting voters against change, democratic reason is the loser, says Solly Moeng.

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US to offer SA $2bn loan

Aug 06 2012 17:34
AP
Johannesburg - The head of the US Export-Import Bank says the US will offer South Africa a $2bn loan for renewable energy ventures.

Fred Hochberg told journalists on Monday at an event in Johannesburg the deal will be signed on Tuesday with South African officials.

Hochberg said the 18-year loans could benefit companies like General Electric.

The loan comes during a visit to South Africa by US Secretary of State Hillary Clinton.

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usa  |  loan  |  renewable energy

 
 
 

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