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AFRICOAST ENGINEERS SA ESTABLISHES RENEWABLE ENERGY COMPANY
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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.
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Industry News

Sappi, UPM sign binding agreements to merge European graphic paper businesses

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Paper and pulp manufacturer Sappi has, through its wholly owned Sappi Papier Holding (SPH) subsidiary, entered into binding transaction agreements with Finnish materials solutions company UPM-Kymmene Corporation to establish a joint venture (JV) comprising Sappi's graphic paper business in Europe and UPM's communication papers business in Europe, the UK and the US. The parties in December announced that they had signed nonbinding documents with the aim of potentially merging their European paper businesses.

Aucamp stresses South Africa's commitment to remote research bases after Marion Island evacuation

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Forestry, Fisheries and the Environment Minister Willie Aucamp has assured South Africans that the country remains committed to its Antarctic and sub-Antarctic research programme, which contributes significantly to climate science, biodiversity conservation, oceanographic research and global environmental monitoring. The Minister on May 27 welcomed the 2025/26 Marion Island overwintering team back to South Africa, following their urgent evacuation after delays affecting the departure of the SA Agulhas II relief voyage.

South Africa poised for first rate hike since 2023 on Iran war

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South Africa’s central bank is set to raise borrowing costs for the first time in three years as policymakers seek to combat inflationary pressures stemming from the Iran war, including sharply higher oil prices. All but one of 19 economists surveyed by Bloomberg forecast Governor Lesetja Kganyago and the five other members of the monetary policy committee to lift the benchmark interest rate by 25 basis points to 7% on Thursday. The decision, due shortly after 3 pm in Pretoria, is expected to be split.

Liquid Intelligent Technologies, Microsoft launch mobile digital lab in North West

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Liquid Intelligent Technologies, Microsoft and the Department of Communications and Digital Technologies (DCDT) have teamed up to launch a solar-powered mobile digital lab at the Royal Bafokeng Institute, in Phokeng, in the North West. The lab, designed to ensure reliable, sustainable access to technology and learning, even in areas where infrastructure has traditionally been a barrier, aims to prepare participants for careers in the digital economy.

Study indicates commercial potential for biofuels but South Africa needs base price to drive ...

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The South African Sorghum Bioethanol Study, produced by market research and strategy company BluePrint and commissioned by the Localisation Support Fund, shows that there are viable commercial opportunities for the production of bioethanol from crops in South Africa. However, farmers and chemicals industry professionals attending a roundtable discussion held at the Industrial Development Corporation, in Sandton, on May 27, emphasised that there would be very little incentive for farmers to plant crops, if there is not clear demand, addressable markets and minimum prices for the crops.
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