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AFRICOAST ENERGY LAUNCHED
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AFRICOAST ENERGY LAUNCHED

FOLLOWING significant growth in the renewable energy business, 
AfriCoast Engineers SA has developed a sister company to exapnd
its vision.
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Dion George hails dismantling of major rhino horn syndicate

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Forestry, Fisheries and Environment Minister Dr Dion George has welcomed arrests of suspects linked to an international rhino horn syndicate, describing it as a decisive victory in the country’s fight against international wildlife crime. Following a seven-year investigation, the Wildlife Trafficking Section of the Serious Organised Crime Investigation Unit has dismantled a major transnational rhino horn trafficking network.

Aveng posts R1.1bn attributable loss but green shoots ahead in new financial year

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JSE-listed engineering contractor Aveng has reported an attributable loss of A$92.3-million, or R1.1-billion, for the financial year ended June 30, owing to A$98.5-million worth of losses recorded from the Jurong Region Line (J108) and Kidston projects, in Singapore and Australia, respectively. The group’s headline loss a share amounted to A$0.64 or R7.44.

Veld fires can drive up food prices, especially meat – FNB Agriculture

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The frequency and severity of veld fires are expected to continue increasing in South Africa and the damage could result in higher food prices, as this severely impacts on farm production costs, says financial services firm FNB Agriculture head of information and marketing Dawie Maree. During the dry and windy conditions of the latter part of the growing season, and amid other factors arising from climate change, farmers across KwaZulu-Natal, Mpumalanga, Limpopo, Free State, Western Cape, Karoo and Gauteng grapple with severe veld fires.

Flash gala apple harvest rises 41% y/y to a record 1.48m cartons

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Deciduous fruit marketing and distribution company Tru-Cape says the 2025 harvest season has delivered a record 1.48-million cartons of Flash Gala apples, which represents a 41% increase from the previous season’s output, and is the largest volume since the brand’s commercial launch. “This is the biggest Flash Gala crop ever. The increase is owing to orchards reaching maturity, exceptional harvests in key production areas and the absence of adverse weather conditions,” says Tru-Cape Fruit Marketing procurement manager and industry organisation BigBucks Growers’ Association chairperson Calla du Toit.

South Africa banks curb lending over climate-related default risks, study finds

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South African banks have become more reluctant to lend as the threat of extreme weather events has heightened the risk of defaults, a study by the South African Reserve Bank showed on Monday. The paper, which examined 38 banks between 2009 and 2024, found credit growth decelerated after climate shocks such as floods and droughts, as well as following the introduction of a carbon tax in 2019.
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