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Second crop of renewables preferred bidders named
The South African government announced on Monday that 19 companies had been selected as preferred bidders during the second bidding window for the Renewable Energy Independent Power Producer Programme (REIPPP), which closed on March 5.
A total of 79 bids had been submitted, representing more than 3 200 MW of potential capacity.
Vodacom headline earnings up 8%, capex higher
JSE-listed Vodacom on Monday reported an 8% increase in headline earnings a share to 709c for the year ended March, with subscribers growing 30% to 47.8-million.
Its South African operating profit increased 7.4% to R16.67-billion, weighed down by higher capital expenditure (capex).
Africa plan for $1-trillion trade bloc on track
Plans to create a 26-nation free trade area by integrating three existing African trade blocs by July 2014 are on track and the only major sticking point is likely to be harmonising rules of origin, the three blocs said on Friday.
East Africa to join world gas giants
To East Africa's assets of spectacular wildlife, abundant land and shimmering beaches you can now add gas - so much gas it could transform global energy flows along with some of the world's poorest countries.
Finds announced just last week off Tanzania and Mozambique are estimated to hold enough gas to supply France, Germany, Britain and Italy for at least a year - possibly much more.
Africa to get its own web domain
A project to establish a continental top-level domain for Africa is gaining momentum, with UniForum South Africa set to know by July whether its application has been successful.
UniForum, South Africa?s .za central registry, was appointed to establish and operate the domain on behalf of Africa, said director Neil Dundas.