AGP Executive Report
Last update: 8 hours agoEnergy Investment: Eskom is seeking partners for up to 6GW of renewable-energy and battery projects, while Cape Town has opened its R220m solar-and-storage plant in Atlantis. The city says it could save residents R400m over 20 years. Industrial Capacity: SEW-EURODRIVE has launched a R385m Gauteng centre for drivetrain repairs and remanufacturing. The Central Energy Fund warns imported fuel now meets about 61% of domestic demand, up from 22% in 2019, and says rebuilding refining capacity is vital to energy security and industry. Johannesburg Recovery: Ninety One CEO Hendrik du Toit says the firm will back infrastructure projects to help turn around the city, where years of mismanagement have strained services. Manufacturing Pressure: Factory output fell 4.3% year-on-year in August as fuel costs surged, adding pressure to producers and supply chains.
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