SMME Support as of July 2020 SMME Support as of July 2020 What the Renewable Energy (IPP) Projects have contributed to the Small Medium Micro Enterprises in South Africa SuperUser Account / Wednesday, October 21, 2020 0 4539 Article rating: 5.0 The purpose of this presentation is to provide the information on what the Renewable Energy (IPP) Projects have contributed to the Small Medium Micro Enterprises in South Africa. Read more
AFRICOAST ENERGY LAUNCHED AFRICOAST ENERGY LAUNCHED SuperUser Account / Monday, April 13, 2015 0 58284 Article rating: 5.0 FOLLOWING significant growth in the renewable energy business, AfriCoast Engineers SA has developed a sister company to exapnd its vision. Read more
AFRICOAST ENGINEERS SA ESTABLISHES RENEWABLE ENERGY COMPANY AFRICOAST ENGINEERS SA ESTABLISHES RENEWABLE ENERGY COMPANY SuperUser Account / Thursday, February 12, 2015 0 55291 Article rating: 4.0 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. Read more
Reserve bank to cut rates less than earlier thought in 2024 – poll SuperUser Account / Thursday, April 18, 2024 0 0 Article rating: No rating South Africa's central bank is now predicted to deliver only 50 basis points of interest rate cuts this year, less than earlier projected as inflation is seen taking slightly longer to return to the Reserve Bank's comfort zone, a Reuters poll found. A cut of 25 bps to 8.00% next quarter, either in July or September, is expected from the Reserve Bank, according to a survey carried out in the past week, compared with 50 bps predicted in a March poll. Read more
Africa’s oldest oil-rich dictatorship has a succession problem SuperUser Account / Thursday, April 18, 2024 0 0 Article rating: No rating Two South African engineers working in Equatorial Guinea’s offshore oil fields were preparing to return home in February 2023 when they were arrested for cocaine trafficking and thrown in jail, where they remain. Both men, their families and their employer have declared their innocence. They were detained days after a South African court ordered the seizure of one of Equatorial Guinean vice-president Teodoro Nguema Obiang Mangue’s yachts. The two incidents are linked, said people familiar with the matter who declined to be identified due to the sensitivity of the situation. They described the arrests — the first involving foreigners in the country’s critical oil sector — as the latest example of the vice-president’s impulsive behavior, which threatens the long-term stability of the Central African state that has been ruled by his father for the past 45 years. Read more
Households remain under high interest rates chokehold SuperUser Account / Thursday, April 18, 2024 0 0 Article rating: No rating South Africa’s high interest rates continue to pressurise the finances of households amid the ongoing restrictive monetary policy stance by the Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB). The latest Altron FinTech Household Resilience Index (AFHRI) shows that, over the past two years, the country’s benchmark prime lending rate has been raised consistently to almost 12% – the highest level in 14 years. Read more
South Africa needs 13 GW of gas-to-power capacity – more than the IRP envisions SuperUser Account / Wednesday, April 17, 2024 0 8 Article rating: No rating Standard Bank head of Southern Africa’s oil and gas coverage Paul Eardley-Taylor has suggested that South Africa needs 13 GW of gas-to-power (GtP) capacity, rather than the 7.2 GW to 8.6 GW outlined in the draft Integrated Resource Plan 2023. Speaking at mine ventilation solutions developer Howden’s Technology Day, hosted at Mintek, in Johannesburg, on April 17, he explained that this calculation was made by considering the need to overcome Stage 6 or even Stage 7 loadshedding, when Stage 6 was being regularly achieved, as well as ensure a 15% reserve margin for winter peak demand. Read more
CSIR joins international science community to improve understanding of ocean metabolism SuperUser Account / Wednesday, April 17, 2024 0 7 Article rating: No rating The Council for Scientific and Industrial Research (CSIR) has recently joined a new global research programme focused on improving understanding of the future state of the oceans under various climate change scenarios. Led by CSIR principal researcher Dr Tommy Ryan-Keogh, the programme, titled BioGeoSCAPES, includes participation by over 30 countries. Read more