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Podcast: WorldWide Markets with Simon Brown
Episode: Deep dive hospitality stocks (#451)
Description: Simon Shares The announcement by the president that business will be able to build up to 100 megawatts of power without constraints is huge. Aside from the fact that the current limit is 1 megawatt, it will have three direct impacts; Estimates are that at least 4,000 megawatts can be built in 18-24 months. That is level 4 load shedding. So bye-bye load shedding. Tens of billions in spend aiding the construction and allied industries. Savings when using your own power. Goldfields (JSE Code: GFI) is building a 40 megawatt supply for South Deep that they estimate will save them R120million a year. Annual...