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 5632 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. Read more
AFRICOAST ENERGY LAUNCHED AFRICOAST ENERGY LAUNCHED SuperUser Account / Monday, April 13, 2015 0 59845 Article rating: 3.5 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 56687 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
South Africa’s biggest optical telescope has celebrated 20 years of operation SuperUser Account / Tuesday, November 11, 2025 0 14 Article rating: No rating The Southern African Large Telescope (SALT), located at the South African Optical Observatory (SAAO) complex at Sutherland, in the Northern Cape province, celebrated its twentieth anniversary on Monday. Authorised in 1998, when the then South African government committed $10-million in funding for it, completed and opened in 2005, and starting full scientific operations in 2011, SALT was the largest optical telescope in Africa and one of the most powerful in the world. (SAAO is a national facility of the National Research Foundation (NRF).) Read more
South Africa's official unemployment rate dips in third quarter SuperUser Account / Tuesday, November 11, 2025 0 10 Article rating: No rating South Africa's unemployment rate fell slightly in the third quarter of this year, as jobs were added in construction, social services and trade, the statistics agency said on Tuesday. The official jobless rate stood at 31.9% in July-September, down from 33.2% in April-June. Unemployment rose above 30% five years ago during the Covid-19 pandemic and has been stuck there since, despite repeated government initiatives to try to boost job creation. Six of the 10 industries tracked by Statistics South Africa recorded employment gains in the third quarter, while four saw decreases. The most jobs were added in construction (130 000 jobs), community and social services (116 000) and trade (108 000). Read more
SARB takes 50% shareholding in PayInc, establishing it as a national payments utility SuperUser Account / Tuesday, November 11, 2025 0 16 Article rating: No rating Automated clearing house and payments infrastructure company PayInc, previously known as BankservAfrica, says the South African Reserve Bank (SARB) has subscribed to a 50% equity shareholding in it, which establishes PayInc as a national payments utility, jointly owned by the central bank and South Africa’s commercial banks. Concurrently, financial services firms Capitec and Investec have subscribed as direct shareholders, while Access Bank, African Bank, Capitec, Citibank SA and Investec will also subscribe for direct holdings in PayInc through the unbundling of the Dandyshelf shareholding. Read more
Mercedes-Benz South Africa CEO-designate resigns SuperUser Account / Tuesday, November 11, 2025 0 20 Article rating: No rating Mercedes-Benz South Africa said on Monday CEO-designate Abey Kgotle has resigned for personal reasons, less than a month before he was set to take on the role. Kgotle, who joined Mercedes-Benz South Africa in 2017, was named in June to succeed Andreas Brand as chief executive of the German luxury carmaker Mercedes-Benz's South African operations. Read more
Goldman sees South Africa ratings upgrade this week after budget SuperUser Account / Tuesday, November 11, 2025 0 23 Article rating: No rating Goldman Sachs expects an improvement in South Africa’s public finances to pave the way for a sovereign credit-rating upgrade on Friday, days after Finance Minister Enoch Godongwana delivers a budget update. S&P Global Ratings, which assesses South Africa’s long-term foreign debt at BB-, three notches below investment grade with a positive outlook, is scheduled to review the nation’s credit assessment at the end of the week. Read more