Market News

 The Tanzania Electric Supply Company Limited (TANESCO) which owns most of the electricity supply in Tanzania mainland which includes generating, transmitting and distributing facilities  plans to spend more than US$ 4Bn in executing various projects for energy generation and gas productio . . .

The Tanzania Electric Supply Company Limited (TANESCO) expects to use more than 4 billion US dollars in implementing various projects for generation, distribution and transmission of energy, including energy gas production projects that will help to produce a 300-megawatt surplus. The national po . . .

The Congress of South African Trade Unions (COSATU) has noted the plans to build 6 to 8 nuclear power stations. Reports indicate that the introduction of this technology will cost between 400 billion and 1 trillion rand to build. This large sum of money required for financing nuclear energy will com . . .

ACKERMANS, the South African-headquartered multinational retailer, is reveling in the success of its multi-million Rand project to reduce its energy footprint. In 2013, the organisation, in partnership with UGU Engineering Solutions, embarked on Project Save Watts (SWATTS) at cost of R33,4 millio . . .

GENERAL Electric has announced a partnership with Kipeto Energy Limited to build a new wind farm in Kenya’s Kajiado County. The local power deal caps off a successful run of more than $2,5 billion in booked orders on the Africa continent across transport, aviation, healthcare and energy sec . . .