RaubexInfra

South Africa aims to finalise long-term ...

Thursday, 17 January 2019

South Africa is aiming to finalise a long-term plan for the country's energy mix next month, and once that is done it will launch another round of renewable energy deals, Energy Minister Jeff Radebe said on Wednesday. "We are aiming for February," Radebe told Reuters, when asked when the Integrated Resource Plan IRP would be completed. "Straight away after that we will launch more renewable energy contracts," he added. http://www.engineeringnews.co.za/article/south-africa-aims-to-finalise-long-term-energy-plan-next-month-radebe-2019-01-16

South Africa is aiming to finalise a long-term plan for the country's energy mix next month, and once that is done it will launch another round of...

Why company management matters

Wednesday, 09 January 2019

This article was first published in the 3rd quarter 2018 edition of Personal Finance magazine. Each day a company’s management team makes decisions to allocate capital and resources to specific projects, divisions and expenses and by default, not to others. This critical decision-making process which is at management’s sole discretion with oversight by boards of directors carves out a company’s future business path and subsequent cash flows. Since this ultimately dictates shareholder returns, management is one of the key components to evaluate when investing. Asset managers are stewards of their clients’ capital, and management teams act as secondary custodians. The odds of generating...

This article was first published in the 3rd quarter 2018 edition of Personal Finance magazine. Each day a company’s management team makes decisions...

Level of activity in construction sector...

Thursday, 06 December 2018

JSE-listed construction materials supplier Afrimat’s latest Afrimat Construction Index ACI rose by 4% in the third quarter, compared with the second quarter. This follows a gain of 7% between April and June. The ACI is now more than 9% higher than after the sharp decline that occurred in the first quarter. The ACI is a composite index of the level of activity within the building and construction sectors and is compiled by economist Dr Roelof Botha. “This reflects a welcome and broad-based recovery of the level of activity in the South African construction sector, with all of the eight constituent indicators recording gains over the second quarter.“It is also encouraging that the overall...

JSE-listed construction materials supplier Afrimat’s latest Afrimat Construction Index ACI rose by 4% in the third quarter, compared with the second...

Wind energy powers up in South Africa

Thursday, 08 November 2018

After two years of uncertainty, the wind energy industry is pumping again, with R50-billion of investment realised this year, says South African Wind Energy Association SAWEA chairperson Tebogo Movundlela. She told delegates at the opening of the 2018 Windaba, in Cape Town, on Wednesday, that this aligned with President Cyril Ramaphosa’s call to mobilise investment in South Africa. “South Africa is on the cusp of creating a dynamic energy future,” said Movundlela. She said she was very pleased that the draft Integrated Resource Plan IRP had recognised renewable energy as the cheapest form of electricity, pointing out that the price of wind had halved and was now 79c/kWh. “The draft IRP...

After two years of uncertainty, the wind energy industry is pumping again, with R50-billion of investment realised this year, says South African Wind...