Energy transition or money laundering? the controversy surrounding South Africa’s $8.5 billion loan

By Siyabonga Sithole | Published Nov 21, 2024

Energy commentator Tshepo Kgadima labels the Just Energy Transition in South Africa a ‘money laundering exercise’ amid concerns over the $8. 5 billion loan from European nations. As calls for transparency grow, questions arise about the accountability of the South African government and the fate of funds meant for energy transition.