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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

Commercial aviation activity in South Africa seems to be recovering

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The latest edition of the Commercial Aviation Association of Southern Africa's Commercial Aviation Activity Index (CAAI) shows an upward trend, reported the index's author, independent economist Dr Roelof Botha. But he warned that caution was still necessary. "Aviation activity is quite volatile," he noted. He pointed out that the CAAI had recorded a sharp fall from the second quarter of 2016 to the second quarter of 2017. This had been the height of the "State Capture" era. (State Capture ...

Court declares major Gupta-era coal contract with Eskom invalid

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The Special Investigations Unit (SIU) has secured a high court order setting aside a contract worth R3.7-billion between the formerly Gupta-owned mining group Tegeta Exploration & Resources and State power utility Eskom, according to Ministry of Justice and Correctional Services. According to the ministry, the agreement entered into in March 2015 for the supply of coal to Majuba power station for a decade was declared unlawful, invalid and of no legal force. At the time Tegeta was owned by the Gupta family. The company is currently in business rescue.

South African economy is benefitting from a 'Ramaphosa effect'

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Independent economist Dr Roelof Botha on Friday highlighted the existence of a very real "Ramaphosa Effect", not to be confused with the superficial "Ramaphoria" which followed directly after President Cyril Ramaphosa's election, which is already benefitting the South African economy. Botha was presenting the Commercial Aviation Association of Southern Africa's latest Commercial Aviation Activity Index (covering the last two quarters of last year). He highlighted the great damage that the ...

Jungle Oats opens new Oat Mill in the Western Cape

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JSE-listed Tiger Brands has officially opened its new Oat Mill for its first and oldest product – Jungle Oats – in Maitland, Cape Town. Speaking at the opening event on Friday, unit manager Rees de Villiers outlined some of the advanced features of the new mill.
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