SuperUser Account / Thursday, February 12, 2015 / Categories: AfriCoast Energy AFRICOAST ENGINEERS SA ESTABLISHES RENEWABLE ENERGY COMPANY Renewable energy engineering firm AfiCoast Engineers SA has announced that a new company, AfriCoast Energy, will now be responsible for all future renewable energy projects - particulary wind and solar - while it will also play a key role in guiding AfriCoast Engineers' current basket of renewable energy projects. Next Article AFRICOAST ENERGY LAUNCHED Print 56635 Rate this article: 4.0
Itac confirms modest reduction in ferrous scrap discount in newly Gazetted guidelines SuperUser Account / Monday, November 3, 2025 0 0 Article rating: No rating The International Trade Administration Commission of South Africa (Itac) has Gazetted only modest changes to the contentious price preference system (PPS) for scrap metal, reducing the discount for domestic ferrous scrap consuming industries from 30% to 25%. The PPS has been in place since 2013 and disallows the export of both ferrous and nonferrous scrap unless it is first offered for sale at a discounted price to domestic industry, with the discount calculated using a formula set out by Itac and which is again outlined in the Gazette. Read more
IDC and PIC agree to explore investment opportunities SuperUser Account / Monday, November 3, 2025 0 0 Article rating: No rating The Industrial Development Corporation (IDC) and the Public Investment Corporation (PIC) have signed a new memorandum of understanding under which the two State institutions will explore co-investment prospects. A previous partnership framework, which expired in December 2017, culminated in the conclusion of the PIC Green Bond and the UIF Fund 2. Read more
Standard Bank providing R1.92bn equity financing for renewable energy cluster SuperUser Account / Monday, November 3, 2025 0 0 Article rating: No rating Financial company Standard Bank has closed a bespoke R1.92-billion equity financing solution for black-owned infrastructure investment and development company H1 Holdings. The funding solution, structured and executed by Standard Bank Corporate Investment Banking, was designed to facilitate the exit of an investment provided by British International Investment (BII), the Industrial Development Corporation (IDC) and Norfund. Read more
October new-vehicle sales at decade high SuperUser Account / Monday, November 3, 2025 0 0 Article rating: No rating South Africa’s new car and truck market notched up another stellar month in October as it recorded the highest monthly sales – 55 956 units – since March, 2015. Naamsa | The Automotive Business Council says demand was boosted by easing inflation, a firmer rand, improving consumer sentiment and demand recovery in key export markets. Read more
BMW South Africa shares peek inside world-class PHEV assembly operations SuperUser Account / Monday, November 3, 2025 0 0 Article rating: No rating Having made adjustments worth R4.2-billion to its Rosslyn-based production plant to accommodate for plug-in hybrid electric vehicle (PHEV) manufacturing since October last year, automotive manufacturer BMW Group South Africa says local uptake of the X3 PHEV-variant has been strong, with the plant selling 10% of its PHEV production in South Africa. In turn, the PHEV units make up nearly 50% of the plant’s production. Read more