Renewables Obligation (United Kingdom)
The Renewables Obligation (RO) is a market support mechanism designed to encourage generation of electricity from eligible renewable sources in the United Kingdom. There are three related schemes for the three legal jurisdictions of the UK. In April 2002 the Renewables Obligation was introduced in England and Wales,…
Zero-carbon city
A zero-carbon city is a goal of city planners that describes a significant reduction in carbon use by a city. The term describes a range of carbon reduction, ranging from a city that generates as much or more carbon-free sustainable energy as it uses, to a city that manages greenhouse gas emissions and reduces its…
Standard Bank
Standard Bank (officially Standard Bank Group Limited) is the largest bank in Africa, as well as the continent's largest lender by assets, with R3.8 trillion of assets. The company's corporate headquarters, Standard Bank Centre, is located in Johannesburg, Gauteng.
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Gautrain
Gautrain is an 80-kilometre (50-mile) higher-speed express commuter rail system in Gauteng, South Africa, which links Johannesburg, Pretoria, Kempton Park and O. R. Tambo International Airport. It takes 15 minutes to travel from Sandton to O. R. Tambo International Airport on the Gautrain and 35 minutes from Pretoria…
Economic impact of the COVID-19 pandemic
The COVID-19 pandemic caused far-reaching economic consequences including the COVID-19 recession, the second largest global recession in recent history, decreased business in the services sector during the COVID-19 lockdowns, the 2020 stock market crash (which included the largest single-week stock market decline…
E-toll (South Africa)
e-toll (in South Africa) consisted of the electronic toll collection (ETC) processes employed by South Africa's roads agency SANRAL on selected toll roads or toll lanes in the Gauteng province, subject to the Sanral Act of 1998. SANRAL derives its income both from toll income and the national fiscus, while initial…
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