• developer
• March 25, 2024
• Infrastructure
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Amid increasing emphasis on sustainability, this year’s inaugural Biodiversity Economy and Investment Indaba emphasises the importance of growing the South African biodiversity economy under the theme of ‘Collective Action for Thriving People and Nature.’ Cabinet recently noted the review of the National Biodiversity Economy Strategy (NBES), which was at the centre of discussions at the indaba. Read More Engineering News …

• developer
• March 25, 2024
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Investment into climate mitigating strategies, as outlined in the City of Johannesburg’s Climate Action Plan (CAP), could create as many as 340 000 jobs, while investment into climate adaptation strategies could create an additional 77 000 jobs, Johannesburg executive mayor Kabelo Gwamanda has said. He said these strategies were aimed at improving the lives of the most vulnerable groups, while also …

• developer
• March 25, 2024
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Electricity Minister Kgosientsho Ramokgopa reports that the Eskom board is considering lifting the current 1 000 MW allocation set aside for its Standard Offer Programme to 4 000 MW and extending the scheme beyond its initial three-year time horizon. Through the Standard Offer Programme Eskom can buy power from existing producers, mostly industrial groups, at a set price calculated based on the avoided …

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• March 25, 2024
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China’s GAC Motor has appointed Salvador Caetano Auto as the distributor and retailer of GAC vehicles, spare parts and related services in South Africa (SA). GAC Motor is a subsidiary of the State-owned GAC Group, and was founded in 1997. The brand joins a rapidly growing number of Chinese vehicles on sale in South Africa. Read More Engineering News | …

• developer
• March 25, 2024
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A consortium, led by infrastructure-focused private equity fund manager African Infrastructure Investment Managers (AIIM), has signed an agreement to acquire fibre network operator Octotel. The consortium, which includes infrastructure and energy impact fund STOA and Thebe Investment Corporation, is acquiring Octotel from sustainable infrastructure global investor Actis. Read More Engineering News | Home

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• March 25, 2024
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Industry body the Citrus Growers’ Association of Southern Africa (CGA) has appointed Gerrit van der Merwe chairperson for the next two-year term. Outgoing chairperson Hannes de Waal will now become one of two vice-chairpersons, as is normal in the board’s leadership rotational structure. De Waal’s fellow vice-chairperson will be Jan-Louis Pretorius. Read More Engineering News | Home

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• March 25, 2024
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The Agricultural Business Chamber (Agbiz) and Industrial Development Corporation’s Agribusiness Confidence Index (ACI) has remained unchanged in the first quarter of the year at a level of 40. This followed a deterioration of ten points to 40 in the fourth quarter of last year. Read More Engineering News | Home

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• March 25, 2024
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Electricity Minister Kgosientsho Ramokgopa reports that Eskom’s eight “lender groups” have given their consent to the establishment of the National Transmission Company South Africa (NTCSA) as a separate subsidiary under Eskom Holdings. Bondholder consent was one of several key approvals required ahead of the operationalisation of the NTCSA, officially scheduled for April 1, alongside the appointment of an independent board …

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• March 25, 2024
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Real estate investment trust Attacq’s Nexus 1 building, in Waterfall City, which also serves as its headquarters, has received Excellence in Design for Greater Efficiencies (EDGE) certification. Nexus 1 has become the first Green Building Council of South Africa (GBCSA) Green Star-certified building in South Africa to also attain EDGE certification. Read More Engineering News | Home