Middle East / Africa

South Africa flag
Summary | Profile

Country profile: South Africa

Location: Southern Africa, at the southern tip of the continent of Africa
Climate: mostly semiarid; subtropical along east coast; sunny days, cool nights
Terrain: vast interior plateau rimmed by rugged hills and narrow coastal plain
Size: 1219912 sq. km total (Land area: 1219912 sq. km )
Population: 43,786,115
Languages: IsiZulu 23.8%, IsiXhosa 17.6%, Afrikaans 13.3%, Sepedi 9.4%, English 8.2%, Setswana 8.2%, Sesotho 7.9%, Xitsonga 4.4%, other 7.2% (2001 census)
Government: republic
Capital city: Pretoria (administrative capital)
Legal system: based on Roman-Dutch law and English common law; has not accepted compulsory ICJ jurisdiction
Currency: rand (ZAR)
Licensing:

Country profile

The South African government is seeking to increase jobs and promote business development throughout the country with the hope of reaching annual 6.0 percent GDP growth in the future. In 2006, South Africa’s real gross domestic product (GDP) growth rate was 4.6 percent. The South African government has committed to ensuring that black-owned companies have access to the energy sector. Under its black economic empowerment (BEE) program, the South African government has set targets of 25 percent BEE ownership of energy companies by 2014.

Large, predominately white-owned corporations have sold assets to achieve this objective, with the first sale occurring in 2000. BEE firms are commonly referred to as “empowerment” firms. The bulk of South Africa’s energy consumption mix is comprised of coal, which the country primarily uses to produce synthetic fuels. South Africa also consumes a substantial amount of oil. Only a small percentage of the energy consumption mix is comprised of natural gas and nuclear.

Energy production and consumption


Oil Gas
Production: 200,000 bbl/day (2006 est.) 2 billion cu m (2005 est.)
Consumption: 519,000 bbl/day (2006 est.) 2 billion cu m (2005 est.)
Exports: 217,700 bbl/day (2004 est.)  
Imports: 319,000 bbl/day (2004 est.)  
Reserves: 15 million bbl (1 January 2007 est.) 27 million cu m (1 January 2006 est.)
Major fields:



South Africa - recent news

31 Jan 24
South Africa: Etana Energy signs energy supply deal with Growthpoint Properties
Chariot Limited, the Africa focused transitional energy group, reports that Etana Energy, the electricity trading platform in which Chariot owns a 49% interest, has signed a milestone Power Purchase Agreement with Growthpoint Properties to supply them with 195GWh of renewable energy a year.
22 Jan 24
South Africa/Guyana: Eco (Atlantic) announces sale of Block 3B/4B interest to Africa Oil and provides Orinduik License operational update
Eco (Atlantic) receives approval for sale of South Africa Block 3B/4B interest to Africa Oil Corp and provides operational update on Orinduik License, offshore Guyana.
15 Dec 23
South Africa: TotalEnergies launches construction of a 216 MW solar plant with battery storage
TotalEnergies and its partners are launching construction of a major hybrid renewables project in South Africa, comprising a 216 MW solar plant and a 500 MWh battery storage system to manage the intermittency of solar production.
12 Dec 23
South Africa: Magnora expands South African solar PV project and triggers additional milestone payment
On 20 October 2023, Magnora announced that Globeleq had bought a 90 MW solar PV project at a location with considerable demand from commercial and industrial (C&I) customers. The project has now been increased to 125 MW triggering a second payment.
11 Dec 23
Energising tomorrow: Scatec ignites one of the world’s largest hybrid solar and battery projects in South Africa
In a significant step towards a sustainable and resilient future, Scatec, a leader in renewable energy solutions, has officially started producing and supplying electricity to the national grid from the three Kenhardt plants in the Northern Cape Province, in South Africa.

South Africa - more news

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