Headline 1
Investec Applies to Trade Power
Story 1
JSE listed International Banking Group, Investec has applied to South Africa’s energy regulator NERSA for a licence to trade electricity. If approved, the bank will buy solar power from the Illikwa Solar PV Facility in the Free State and supply its Sandton headquarters via Eskom’s transmission network using a wheeling arrangement. The system will allow Investec to access clean energy without owning power lines. This will allow the bank to buy from multiple renewable sources and sell to various clients through Corporate Power Purchase Agreements.
Story 1 category
Headline 2
Private Sector Boosts SA Rail
Story 2
Transport Minister Barbara Creecy says the government has received overwhelming responses from the private sector to invest in the country’s rail infrastructure. The minister delivered the keynote address at the 25th Africa Rail Conference in Sandton Johannesburg. Creecy says South Africa will produce a refined rail master plan before the end of the year. SOUND
Story 2 category
Headline 3
Concept 3D Adds AI to Campus Maps
Story 3
Concept3D , a leading interactive map provider for colleges, launched new AI features to help schools nationwide set up and improve campus maps faster. Based in the Denver in the United States. The AI tools assist with data entry and content suggestions, saving time for admissions and marketing teams while keeping full control. This update is the first of many AI improvements aimed at making digital campus experiences easier to manage.
Story 3 category
Financial Indicators headline
Financial Indicators
Financial indicators
Your financial indicators for this hour:
The Rand is trading at 18.24 to the US Dollar, 24.24 to the British Pound, and 20.42 to the Euro.
Gold is trading at 3,229.14 dollars a fine ounce, Brent Crude Oil is at 64.13 per barrel, and a Bitcoin will set you back 102,592.00.
The Rand is trading at 18.24 to the US Dollar, 24.24 to the British Pound, and 20.42 to the Euro.
Gold is trading at 3,229.14 dollars a fine ounce, Brent Crude Oil is at 64.13 per barrel, and a Bitcoin will set you back 102,592.00.
Split analysis
Local: 87 words (41%), National: 56 words (26%), International: 71 words (33%)