PWC report reveals that private renewable energy projects are a big driver of jobs in South Africa

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Key content in the report includes:

  • Employment creation: Jobs continue to rise as businesses show increasing resilience against electricity challenges.
  •  State of the South African consumer: Cloudy with a chance of interest rate cuts.
  •  Consumer sentiment: Shoppers respond favourably to special offers as their buying power continues to decline.
  • Sustainability trends: Consumers are willing to pay more for goods that have a positive environmental impact.

South African employment increased by 784,000 jobs (5.0%) in the year ending 2023Q2. This substantial increase in employment contrasts with weak economic growth due to, amongst other factors, electricity load-shedding and supply chain disruptions. The strong increase in jobs over the past year is encouraging and reflects a growing resilience on the part of private business against the negative impacts of electricity outages. Furthermore, with Operation Vulindlela  tracking a pipeline of 10,000 MW in private sector energy generation projects, the business activity and economic growth outlook for 2024 is also positive.

Download the full report HERE 

Author: Bryan Groenendaal



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Green Building Africa promotes the need for net carbon zero buildings and cities in Africa. We are fiercely independent and encourage outlying thinkers to contribute to the #netcarbonzero movement. Climate change is upon us and now is the time to react in a more diverse and broader approach to sustainability in the built environment. We challenge architects, property developers, urban planners, renewable energy professionals and green building specialists. We also challenge the funding houses and regulators and the role they play in facilitating investment into green projects. Lastly, we explore and investigate new technology and real-time data to speed up the journey in realising a net carbon zero environment for our children.

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