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Ramaphosa consolidates economic cluster as part of streamlined Cabinet

Ramaphosa consolidates economic cluster ...

The 28-member streamlined Cabinet unveiled by President Cyril Ramaphosa on Wednesday night includes a new-look economic cluster, which consolidates the departments of Trade and Industry and Economic Development, as well as the departments of Mineral Resources and Energy.As was widely anticipated, Ramaphosa reappointed Tito Mboweni as Finance Minister and retained Pravin Gordhan as Public Enterprises Minister. Dr David Masondo was appointed as Deputy Minister of Finance. The President also confirmed that David Mabuza would be Deputy President. Former Economic Development Minister Ebrahim Patel was named Trade and Industry Minister, while Gwede Mantashe was appointed Minister of Mineral...

The 28-member streamlined Cabinet unveiled by President Cyril Ramaphosa on Wednesday night includes a new-look economic cluster, which consolidates the departments of Trade and Industry and Economic Development, as well as the departments of Mineral...

The 28-member streamlined Cabinet unveiled by President Cyril Ramaphosa on Wednesday night includes a new-look economic cluster, which consolidates...

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Release of updated IRP imminent, says Radebe, as he allays coal producers' fears

Release of updated IRP imminent, says Ra...

Energy Minister Jeff Radebe has promised that the update of the Integrated Resource Plan IRP , which reflects the government’s policy blueprint for the power sector, will be concluded "very shortly".He told delegates attending the African Utility Week and PowerGEN Africa forum, in Cape Town, on Tuesday, that the government was still in the process of engaging with its social partners at the National Economic Development and Labour Council, but emphasised that the update was imminent. “Cabinet's approval of the IRP for South Africa will define a tangible plan for energy security that also enables the participation of independent power producers IPPs side by side with Eskom and...

Energy Minister Jeff Radebe has promised that the update of the Integrated Resource Plan IRP , which reflects the government’s policy blueprint for the power sector, will be concluded "very shortly".He told delegates attending the African Utility...

Energy Minister Jeff Radebe has promised that the update of the Integrated Resource Plan IRP , which reflects the government’s policy blueprint for...

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Raubex Group Limited - Audited results for the year ended 28 February 2019

Raubex Group Limited - Audited results f...

Raubex Group Limited Incorporated in the Republic of South Africa Registration number 2006/023666/06Share code: RBXISIN Code: ZAE000093183 "Raubex" or the "group" Audited results for the year ended 28 February 2019Salient featuresRevenue down 0,3% to R8,52 billion 2018: R8,54 billion Operating profit down 69,2% to R207,0 million 2018: R671,9 million HEPS down 75,1% to 57,0 cents per share 2018: 228,6 cents per share Cash generated from operations down 24,1% to R788,9 million 2018: R1,04 billion Capex spend of R420,9 million 2018: R441,3 million Order book of R8,01 billion 2018: R8,19 billion Final dividend of 22 cents per share declared 2018: 33 cents Rudolf Fourie, CEO of Raubex Group,...

Raubex Group Limited Incorporated in the Republic of South Africa Registration number 2006/023666/06Share code: RBXISIN Code: ZAE000093183 "Raubex" or the "group" Audited results for the year ended 28 February 2019Salient featuresRevenue down 0,3%...

Raubex Group Limited Incorporated in the Republic of South Africa Registration number 2006/023666/06Share code: RBXISIN Code: ZAE000093183 "Raubex"...

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Strong renewable energy capacity growth continues

Strong renewable energy capacity growth ...

The decade-long trend of strong growth in renewable energy capacity continued in 2018 with global additions of 171 GW, according to data released by the International Renewable Energy Agency Irena this week.The year-on-year increase of 7.9% was bolstered by new additions from solar and wind energy, which accounted for 84% of the growth.A third of global power capacity is now based on renewable energy, the agency said. Irena’s yearly ‘Renewable Capacity Statistics’ report for 2019 showed that while Asia accounted for 61% of the total new renewable energy installations having grown its installed renewables capacity by 11.4% growth was the fastest in Oceania, which achieved a 17.7% rise in...

The decade-long trend of strong growth in renewable energy capacity continued in 2018 with global additions of 171 GW, according to data released by the International Renewable Energy Agency Irena this week.The year-on-year increase of 7.9% was...

The decade-long trend of strong growth in renewable energy capacity continued in 2018 with global additions of 171 GW, according to data released by...

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