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Industry News

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Emira returns to positive distribution in H1

South African real estate investment trust (Reit) Emira Property Fund on Wednesday declared an interim dividend of 70.65c a share for the six months ended December 31 – a 2.5% year-on-year increase. The fund returned to positive distribution growth in the period owing to the significant leasing progress made, better use of capital, as well […]

WSP to develop 330 kV Zambia-DRC electricity transmission line

The Southern African Power Pool has appointed UK-based engineering consultancy WSP to develop a proposed 330 kV electricity interconnector between Zambia and the Democratic Republic of Congo (DRC). Powered by WPeMatico

Oracle Power gets approval for next step in coal, power plant development

The Private Power and Infrastructure Board (PPIB) of Pakistan has approved the issue of notice to proceed (NTP) and letter of intent (LoI) for a coal mine and mine-mouth power plant in Block VI of the Thar desert, UK-based Oracle Power reported on Monday. The project is being developed in a consortium, which also includes […]

Wind energy installations continue to grow – WWEA

The overall capacity of all wind turbines installed worldwide by the end of 2017 reached 539 291 MW, preliminary statistics published by World Wind Energy Association (WWEA) has shown. A WWEA report, released on Monday, further showed that 52 552 MW of wind energy capacity were added last year, slightly more than in 2016 when […]

City of Cape Town announces winning bidder for foreshore redevelopment

The City of Cape Town on Monday announced that Mitchell Du Plessis Associates (MDA) have been chosen as the winning bid for the redevelopment of the Foreshore Freeway Precinct, which includes completing the unfinished flyover that has marked the city’s skyline for more than 40 years. The City said MDA had been selected from seven […]

Companies urged to ‘proactively’ reduce their carbon footprint as second Draft Carbon Tax …

In light of National Treasury’s publishing the second Draft Carbon Tax Bill for public comment in December, systems integration specialists Jasco Group’s CEO Pete da Silva suggests that companies proactively determine their carbon footprint and implement measures to mitigate the eventual effects of the implementation of a carbon tax. Powered by WPeMatico