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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

National rail and airport development plans released for comment

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Cabinet has approved the release of the draft National Rail Master Plan (NRMP), described as the strategic plan to guide the revitalisation, expansion and modernisation of South Africa’s rail system, for public comment. “The master plan translates the National Rail Policy, approved by Cabinet in 2022, into a practical, phased investment and implementation plan for freight and passenger rail over the coming decades.

Ramaphosa appoints Makhubu as new head of Sars

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South Africa's President Cyril Ramaphosa on Thursday appointed Ngobani Johnstone Makhubu as the new commissioner of the South African Revenue Service for a period of five years, effective May 1. Makhubu, currently Sars's deputy commissioner for taxpayer engagement and operations, will take over from Edward Kieswetter, whose tenure ends on April 30. According to a statement from the presidency, Makhubu brings over 17 years of senior leadership experience in tax administration, as well as commercial, finance and operations management. Africa's largest economy collected a net R2.01-trillion of tax in the fiscal year that ended on March 31, 8.4% higher than the previous year, preliminary figures showed on Wednesday.

Future of Matla mine, power station secured as Exxaro, Eskom ink CSA to 2043

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Diversified natural resources company Exxaro Resources and State-owned Eskom have signed a new long-term coal supply agreement (CSA), securing the continued supply of coal from Exxaro’s Matla mine to the Matla power station until November 2043. Matla mine first entered into a CSA with Eskom on July 1, 1983, with the agreement originally set for a period of 40 years.
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