banner

News

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 0 5569 Article rating: 4.0
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.

AFRICOAST ENGINEERS SA ESTABLISHES RENEWABLE ENERGY COMPANY

SuperUser Account 0 56568 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.
RSS

Industry News

SAPVIA calls for immediate implementation of IRP2025

SuperUser Account 0 5 Article rating: No rating
The South African Photovoltaic Industry Association (SAPVIA) has called for the immediate implementation of the Integrated Resource Plan 2025 (IRP 2025), which it says recognises solar PV as a cornerstone of the energy transition. While the final document is yet to be released, Electricity and Energy Minister Dr Kgosientsho Ramokgopa provided some details on October 19, including an indication that the plan envisaged 25 000 MW of new solar PV being installed by 2039.

Coca-Cola HBC to acquire Coca-Cola Beverages Africa in $2.6bn deal

SuperUser Account 0 14 Article rating: No rating
Bottling partner Coca-Cola HBC has reached an agreement with beverage producer The Coca-Cola Company (TCCC) and Gutsche Family Investments (GFI) to buy a 75% stake in Coca-Cola Beverages Africa (CCBA). The purchase price of $2.6-billion will be settled through a new bridge financing facility to cover a cash consideration, and Coca-Cola HBC shares issued to GFI representing 5.47% of the Coca-Cola HBC group’s enlarged issued share capital.

Cape Town’s yacht-building industry must act to mitigate effect of US tariffs – Vos

SuperUser Account 0 13 Article rating: No rating
The South African boat-building industry must find an answer to the 30% tariff levied on all boats exported from South Africa to the US as from August onwards, says City of Cape Town Economic Growth MMC James Vos. “We must act immediately and decisively to mitigate the effects of this tariff. We must diversify our export markets and seek out the opportunities presented by trade agreements such as the Africa Continental Free Trade Area Agreement.”

Fitch expects South Africa to set 3% inflation target in November

SuperUser Account 0 13 Article rating: No rating
Fitch Ratings expects South Africa to announce a revised 3% inflation target during November's medium-term budget policy statement, a senior analyst said on Tuesday. Central bank Governor Lesetja Kganyago said earlier in October that the central bank and National Treasury agreed the inflation target should be lowered but they were still discussing when to make the change. "It doesn't mean that it will strictly be implemented immediately," Thomas Garreau, Director for Middle East and Africa Sovereign Ratings at Fitch, said during a media briefing. "We do consider that South Africa's Reserve Bank will have some tolerance for inflation," and not hike rates as a result Garreau added.

South Africa’s Hillside aluminium production holds steady as smelter tests capacity

SuperUser Account 0 13 Article rating: No rating
In the three months to September 30, production at South Africa’s Hillside Aluminium in Richards Bay, KwaZulu-Natal, increased by 1% to 181 000 t amid the smelter continuing to test maximum technical capacity. Moreover, production guidance for the 2026 financial year (FY26) remains unchanged at 720 000 t, Johannesburg Stock Exchange-listed diversified mining company South32 reported on Tuesday, October 21.
RSS
12

© AfriCoast Energy (Pty) Ltd

Designed by Gavin Sterley in association with Meropa

Developed by PCW New Media