Just Transition Insights – Krutham

Just Transition Insights

Subscribe to Krutham’s unique offering that provides real-time insights and deep-dive assessments of key reforms driving the just transition and infrastructure development in South Africa.

We exist to help clients solve complex problems to unlock opportunity. We combine multi-disciplinary expertise, local knowledge aligned with international best practice and a deep understanding of clients’ needs. It is this combination of strengths that helps our clients succeed.

Our capital markets team has deep expertise on a broad range of issues, from just energy transition (JET), the political economy, policy and the macroeconomy. We help our clients think of the risks and opportunities that stem from the natural, political and economic environment. Our subscription product offers real-time updates and insights into South Africa’s capital market regulatory issues, state-owned enterprises and more.

The team has worked with counterparts at the highest level of government and the private sector, supporting global investors with investment strategy and innovation in fiscal strategies. We also work with capital markets providers to develop their services, producing expert reports for litigators and valuation reports for acquirers of assets.

Our insights, which intersect finance, politics and policy, covers

Political economy

Broad, general macroeconomic and political issues
Infrastructure Development Act
Key departments (energy, etc)
Navigating organised business entities and stakeholders
Operation Vulindlela reform
Local content with focus on electricity supply industry
Political and community issues

Energy

Energy supply industry reform
Eskom reform and unbundling
Necom reform
NERSA and related regulatory issues
IPPO procurement processes
Grid capacity issues
Tariff issues
Wheeling modalities
Oil and gas exploration and related infrastructure (pipelines)

Just Energy Transition (JET)

Climate policy, including the climate change legislation and other related pieces of legalisation
JET-related employment issues
Climate adaptation, including Climate Change Fund
Climate mitigation, including renewable energy developments

Transport

Third-party access for private railway users
Ports development
National Logistics Crisis Committee

Water

National Water Resources Infrastructure Agency developments
Rand Water crisis
Water tariffs
National water supply and infrastructure

Sustainability

Corporate climate reporting
Corporate sustainability reporting
Reporting codes and standards
Emerging trends
ESG factors affecting businesses

Our subscription offering

Offering	About	Included
Capital markets research subscription	This is our flagship political economy and macro product – subscribed to by government, developmental banks, foreign governments and a host of global and local investors and banks.	2-4 weekly notes, including our much-read Sunday mail Periodic webinars (post-budget, Monetary Policy Committee members, etc) Detailed reform tracker SOE coverage and analysis
Bespoke infrastructure monthly	We provide regular research in the format of a structured monthly infrastructure report, usually consisting of essential events to watch and risks and opportunities to think strategically, including the areas outlined on the right. These are valuable springboards into further discussions where we can provide further bespoke insight.	Energy, JET and power sector reforms and political events Eskom, NERSA and other key energy sector player events and movements Other infrastructure areas such as broad macro-infrastructure policy, treasury issues, water and other sector specifics
Quarterly strategic discussion call	This call is a deep dive discussion on recently produced research under the above two sections, including an update on our client’s progress, a discussion of experienced blockages and a general Q&A on energy, JET, macro economics and politics.
Reactive access to analysts	Key employees gain access to Krutham’s analysts, covering analysis of specific requested issues and research, delivered on a rapid turnaround basis (two to 24 hours).	Access to Krutham’s analysts for reactive real time analysis Call and meetings (subject to availability) in additional to the quarterly call, strategy sessions Presentations on either general or JET specific political economy outlook, political issues, scenario planning, offsite sessions etc.

Contact us

Managing Director, Global Lead, Capital Markets, Political Economy and JET

Peter Attard Montalto

e [email protected]

Research Manager, Just Energy Transition (JET)

Matthew le Cordeur

e [email protected]