Financing the ANC: Chancellor House, Eskom and the dilemmas of party finance reform

dc.contributor.authorJolobe, Zwelethu
dc.contributor.editorAnthony Butleren_ZA
dc.date.accessioned2017-10-23T10:18:05Z
dc.date.available2017-10-23T10:18:05Z
dc.date.issued2010
dc.description.abstractOn 8 April 2010 the World Bank approved a US$3.75 billion loan to help South Africa achieve a reliable source of electricity supply. The loan, the World Bank’s largest lending engagement with South Africa since the end of apartheid, was provided to South Africa’s state-owned power utility, Eskom, and was brought about by the circumstances surrounding South Africa’s energy crisis of 2007–8, and the global financial crisis that exposed South Africa’s vulnerability to an energy shock and accompanying severe economic consequences. Named the Eskom Investment Support Project (the Eskom Project), the World Bank loan will co-finance the completion of the 4800MW Medupi coal-fired power station (US$3.05 billion), the piloting for a utility-scale 100MW wind-power project in Sere and a 100MW concentrated solar-power project with storage in Upington (US$260 million), and low-energy efficient components, including a railway to transport coal with fewer greenhouse gas emissions.
dc.identifier.apacitationJolobe, Z. (2010). <i>Financing the ANC: Chancellor House, Eskom and the dilemmas of party finance reform</i>. Johannesburg: Jacana Media (Pty) Ltd. http://hdl.handle.net/11427/25745en_ZA
dc.identifier.chicagocitationJolobe, Zwelethu. <i>Financing the ANC: Chancellor House, Eskom and the dilemmas of party finance reform</i>. Johannesburg: Jacana Media (Pty) Ltd. 2010. http://hdl.handle.net/11427/25745.en_ZA
dc.identifier.citationJolobe, Z. (2010). Financing the ANC: Chancellor House, Eskom and the dilemmas of party finance reform. In Butler, A (ed.), Paying for Politics: Political funding and political change in South Africa and the global South. Johannesburg: Jacana. 201-217.en_ZA
dc.identifier.isbn978-1-77009-784-1en_ZA
dc.identifier.ris TY - Book AU - Jolobe, Zwelethu AB - On 8 April 2010 the World Bank approved a US$3.75 billion loan to help South Africa achieve a reliable source of electricity supply. The loan, the World Bank’s largest lending engagement with South Africa since the end of apartheid, was provided to South Africa’s state-owned power utility, Eskom, and was brought about by the circumstances surrounding South Africa’s energy crisis of 2007–8, and the global financial crisis that exposed South Africa’s vulnerability to an energy shock and accompanying severe economic consequences. Named the Eskom Investment Support Project (the Eskom Project), the World Bank loan will co-finance the completion of the 4800MW Medupi coal-fired power station (US$3.05 billion), the piloting for a utility-scale 100MW wind-power project in Sere and a 100MW concentrated solar-power project with storage in Upington (US$260 million), and low-energy efficient components, including a railway to transport coal with fewer greenhouse gas emissions. CY - Johannesburg DA - 2010 DB - OpenUCT DP - University of Cape Town ED - Anthony Butler LK - https://open.uct.ac.za PB - University of Cape Town PP - Johannesburg PY - 2010 SM - 978-1-77009-784-1 T1 - Financing the ANC: Chancellor House, Eskom and the dilemmas of party finance reform TI - Financing the ANC: Chancellor House, Eskom and the dilemmas of party finance reform UR - http://hdl.handle.net/11427/25745 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/25745
dc.identifier.vancouvercitationJolobe Z. Financing the ANC: Chancellor House, Eskom and the dilemmas of party finance reform. Johannesburg: Jacana Media (Pty) Ltd; 2010.http://hdl.handle.net/11427/25745en_ZA
dc.languageengen_ZA
dc.publisherJacana Media (Pty) Ltden_ZA
dc.publisher.departmentDepartment of Political Studiesen_ZA
dc.publisher.facultyFaculty of Humanitiesen_ZA
dc.publisher.institutionUniversity of Cape Town
dc.publisher.locationJohannesburgen_ZA
dc.titleFinancing the ANC: Chancellor House, Eskom and the dilemmas of party finance reformen_ZA
dc.typeBooken_ZA
uct.type.filetypeText
uct.type.filetypeImage
uct.type.publicationResearchen_ZA
uct.type.resourceBook chapteren_ZA
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