Amid load shedding crisis, RMB calls on govt to scrap local content rules for green power - News24


4/19/2022 12:00:00 AM3 yearsago
by Lisa Steyn

Imported component parts can be 20% to 50% cheaper than those made locally as South Africa does not have the same production scale, the bank's CEO says.

  • RMB's CEO has called for government to waive local content rules for green energy projects.
  • Localisation requirements add to the cost of power projects and are also very difficult to … [+4180 chars]

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