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 2696 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.

AFRICOAST ENGINEERS SA ESTABLISHES RENEWABLE ENERGY COMPANY

SuperUser Account 0 53723 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

Shell nears $1bn South Africa fuel stations sale to Adnoc unit

SuperUser Account 0 10 Article rating: No rating
Shell is nearing the sale of its fuel stations in South Africa to a unit of Abu Dhabi’s biggest oil company in a deal valued at about $1-billion, according to people familiar with the matter. Shell and the retail arm of Abu Dhabi National Oil Co. are preparing to announce an agreement in the coming days, the people said, asking not to be identified as the matter is private. A transaction would give the Middle Eastern company control over 600 retail fuel outlets, or about 10% of the market in Africa’s biggest economy, adding to Adnoc’s deal spree as it expands globally.

Vodacom completes acquisition of additional 20% stake in Safaricom

SuperUser Account 0 12 Article rating: No rating
JSE-listed Vodacom Group has completed the acquisition of an additional 20% effective stake in Safaricom, increasing its shareholding to about 55%. This followed the staying of a conservatory order by the Court of Appeal of Kenya on June 26 and the fulfilment of all remaining conditions precedent, allowing the consolidation of one of Africa's foremost telecommunications, financial services and technology businesses.

South Africa's economic recovery entering uncertain phase amid growing pressure

SuperUser Account 0 9 Article rating: No rating
South Africa’s economy remains on a recovery path, but rising global pressures and cost dynamics are slowing momentum and reshaping the outlook for the months ahead, says professional services firm PwC South Africa in its 'South Africa Economic Outlook – Mid-2026 review'. South Africa’s economic recovery is holding, but it is becoming increasingly uneven and fragile. While domestic conditions have improved, the economy is now facing renewed pressure from rising costs and global uncertainty, says PwC South Africa chief economist and Africa sustainability leader Lullu Krugel.

Fossil generation ‘substituted’ by renewables in 2025 amid electricity tipping point

SuperUser Account 0 15 Article rating: No rating
Record global electricity demand last year was met entirely by low-carbon sources, resulting in fossil fuels generation being substituted rather than supplemented, the Energy Institute’s ‘Statistical Review of World Energy 2026’ shows. Fossil generation fell overall with renewables and hydro overtaking coal as the largest source of electricity generation, the review, produced in partnership with Ember and in collaboration with Kearney and KPMG, states.

Tribunal approves Chery's acquisition of Nissan's Rosslyn manufacturing plant

SuperUser Account 0 21 Article rating: No rating
The Competition Tribunal has approved, subject to public interest conditions relating to employment and local procurement, a merger that will see Chinese vehicle manufacturer Chery International acquire the assets of Nissan South Africa’s (SA's) vehicle manufacturing plant in Rosslyn, Gauteng. Following the transaction’s implementation, Chery South Africa (SA) will control the manufacturing plant.
RSS
12

© AfriCoast Energy (Pty) Ltd

Designed by Gavin Sterley in association with Meropa

Developed by PCW New Media