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SMME Support as of July 2020

What the Renewable Energy (IPP) Projects have contributed to the Small Medium Micro Enterprises in South Africa

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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

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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

Africa must professionalise infrastructure delivery – Project Management Institute

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As governments in Africa accelerate infrastructure investment, including under the Programme for Infrastructure Development in Africa (PIDA), the region faces a 57% talent gap in construction project professionals by 2035, which is one of the highest rates globally, says construction professionals association the Project Management Institute (PMI). Demand for construction project professionals across sub-Saharan Africa is projected to rise from about 260 000 in 2025 to more than 410 000 by 2035, which will leave a shortfall of nearly 150 000 professionals.

Sappi, WWF South Africa champion water management as key to bioeconomy resilience

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A multi-year partnership between global woodfibre and forestry group Sappi and WWF South Africa can serve as a blueprint for securing the bioeconomy through proactive catchment stewardship. Working in the uMkhomazi catchment in KwaZulu-Natal, the initiative has already delivered measurable impact, including clearing 191 ha of invasive alien plants; improving management across more than 2 300 ha of rangeland; deploying citizen scientists to collect water quality data; and identifying 20 000 ha for biodiversity protection.

Morgan Stanley says South Africa to stay on prolonged rate hold

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Surging oil prices triggered by the Middle East conflict is likely to push South African inflation higher and see policymakers keep interest rates unchanged for months, according to Morgan Stanley. “The implication is a materially longer hold rather than an immediate tightening response,” Morgan Stanley economist Andrea Masia wrote in a research note. He sees the central bank staying on hold through most of 2026 and resuming its easing cycle in November, “followed by two 25 basis point cuts in 2027, taking the terminal repo rate to 6%.” The central bank’s monetary policy committee is widely expected to hold rates at 6.75% next week as officials assess the fallout from the Iran war, which has lifted oil prices by roughly 45% since it began on February 28.
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