Overview The South African economy is energy intensive and relies heavily on industries and mining. The energy sector in South Africa and specifically electricity generation and demand are experiencing paramount challenges as a result of the continuous escalation in electricity requirements due to economic growth. This unforeseen increase in demand is placing enormous pressure on both government and Eskom. The pressure has led to government soliciting medium to long-term solutions to electricity demand, usage and energy efficiency. Another driving force is the Kyoto protocol initiatives that are putting countries under severe pressure to comply with environmental friendly energy generation and usage. To this extend corporations, industries, households and governments are frantically investigating alternative solutions from companies to provide mechanisms and technologies to satisfy these challenges. It is noteworthy to mention that South Africa accounts for 50% of Africa's energy usage, whilst it is ranked amongst the top 20 CO'2 emitters in the world. Coal accounts for 80% of primary energy usage. Eskom (electricity generating company) is severely challenged to meet this "peak" electricity demand. This current situation created an opportunity for companies offering genuine alternative energy solutions. It is against this background that Premier Brands Energy was formed. Premier Brands Energy will focus on the leveraging of mutual opportunities with both willing and credible partners. Bosch TT division and Premier Brands Energy formed a strategic partnership for Bosch Solar Water Heating systems in South Africa. We are both humbled and excited by this confidence bestowed upon us by a company that enjoys worldwide recognition as industry leaders for the past 125 years. | 
