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 53722 Rate this article: 4.0
Group Five exits business rescue with full creditor repayment SuperUser Account / Tuesday, June 30, 2026 0 3 Article rating: No rating The business rescue practitioners (BRPs) of Group Five Construction and Group Five Limited, Dave Lake and Peter van den Steen of Metis Strategic Advisors, have confirmed the formal termination of the business rescue proceedings of both companies following the substantial implementation of the adopted business rescue plans. When business rescue proceedings began in March 2019, Group Five faced about R7-billion in creditor and contingent exposures, more than 2 300 creditors, 119 active projects and close to 6 000 employees employed in 180 companies across 38 countries. Read more
330 MW Impofu Wind Farm cluster enters into commercial operation SuperUser Account / Tuesday, June 30, 2026 0 3 Article rating: No rating The full 330 MW Impofu Wind Farm cluster, located in the Kouga and Nelson Mandela Bay municipalities of the Eastern Cape, has entered into commercial operation. The cluster comprises three 110 MW wind farms – Impofu North, Impofu East and Impofu West – and project sponsor Enel Green Power RSA reports that all three facilities have achieved commercial operation, with Impofu West having been the last to become operational in June. Read more
Shell nears $1bn South Africa fuel stations sale to Adnoc unit SuperUser Account / Tuesday, June 30, 2026 0 4 Article rating: No rating Shell is nearing the sale of its fuel stations in South Africa to a unit of Abu Dhabi’s biggest oil company in a deal valued at about $1-billion, according to people familiar with the matter. Shell and the retail arm of Abu Dhabi National Oil Co. are preparing to announce an agreement in the coming days, the people said, asking not to be identified as the matter is private. A transaction would give the Middle Eastern company control over 600 retail fuel outlets, or about 10% of the market in Africa’s biggest economy, adding to Adnoc’s deal spree as it expands globally. Read more
Vodacom completes acquisition of additional 20% stake in Safaricom SuperUser Account / Tuesday, June 30, 2026 0 5 Article rating: No rating JSE-listed Vodacom Group has completed the acquisition of an additional 20% effective stake in Safaricom, increasing its shareholding to about 55%. This followed the staying of a conservatory order by the Court of Appeal of Kenya on June 26 and the fulfilment of all remaining conditions precedent, allowing the consolidation of one of Africa's foremost telecommunications, financial services and technology businesses. Read more
South Africa's economic recovery entering uncertain phase amid growing pressure SuperUser Account / Tuesday, June 30, 2026 0 4 Article rating: No rating South Africa’s economy remains on a recovery path, but rising global pressures and cost dynamics are slowing momentum and reshaping the outlook for the months ahead, says professional services firm PwC South Africa in its 'South Africa Economic Outlook – Mid-2026 review'. South Africa’s economic recovery is holding, but it is becoming increasingly uneven and fragile. While domestic conditions have improved, the economy is now facing renewed pressure from rising costs and global uncertainty, says PwC South Africa chief economist and Africa sustainability leader Lullu Krugel. Read more