The South African Reserve Bank (SARB) has announced a 50 basis point hike, taking the current prime lending rate from 10.75% to 11.25%. This recent hike marks the ninth rate hike since the current hike [...]

Spear Reit’s sustainable strategy gains momentum with the second phase solar expansion at Mega Park and Sable Square, scheduled for Q3 2023. The South African company aims to reduce reliance on Eskom’s fossil-fuel-generated electricity by [...]

Attacq plans to reduce its reliance on diesel generators used to keep the lights on at its shopping malls, opting for solar and battery power to cope with the rising costs from the energy crisis. [...]

Vanderbijlpark's Vaal Mall is installing a new 2.5MW rooftop solar plant which, when taken together with its existing carport solar installation of 1MVA, increases the mall's total solar-generating capacity to 3MW. As part of the [...]