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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

Govt writes off e-toll debt, but those who paid will not receive refunds

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The Department of Transport (DoT) welcomes Cabinet's approval of State-owned South African National Roads Agency Limited’s (Sanral’s) plans to close the Gauteng Freeway Improvement Project (GFIP) e-toll historical debt, which also sees the resolution of all outstanding litigation matters. The closure of the GFIP e-toll debt is intended to provide certainty, resolve historical debt matters and support a sustainable approach to the funding, maintenance and improvement of South Africa’s national road network.

Growthpoint achieves record-low pricing on R1.8bn oversubscribed bond issuance

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JSE-listed real estate investment trust (Reit) Growthpoint Properties has successfully issued R1.8-billion in senior unsecured bonds in a significantly oversubscribed auction. The issue initially targeted between R1-billion and R1.5-billion and attracted keen investor appetite with bids of over R6.5-billion – more than four times the initial target.

Dubai Chamber of Commerce holds trade meetings with South African counterparts

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The Dubai Chamber of Commerce recently hosted a series of bilateral business meetings between companies from Dubai and South Africa, in Johannesburg, noting that businesses in both markets see growing opportunities to strengthen ties. The delegation from Dubai featured representatives from 24 companies operating across diverse sectors, including construction and building materials; electronics; engineering; environmental solutions; fast-moving consumer goods; food and beverages; healthcare; information and communications technology and innovation; investments; manufacturing; and retail.

Eskom signs agreement with Zululand Energy Terminal as it seeks to advance 3 GW Richards Bay ...

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Eskom has signed heads of agreement with Zululand Energy Terminal (ZET) with the intention of becoming the ‘foundation customer’ for the liquefied natural gas (LNG) terminal that ZET intends building at Berth 207 in the South Dunes precinct of the Port of Richards Bay. ZET is a joint venture between Vopak Terminal Durban and Transnet Pipelines, and was selected in 2024 as the preferred bidder to develop, construct and operate a new LNG terminal at the KwaZulu-Natal deepwater port. Vopak Terminal Durban is owned by Royal Vopak, of the Netherlands and the Reatile Group.
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