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Eastern Cape Business 2018 edition

  • Text
  • Mandela
  • Water
  • Electrical
  • Services
  • Financial
  • Municipal
  • Infrastructure
  • Water
  • Manufacturing
  • Sectors
  • Tourism
  • Energy
  • Development
  • Industrial
  • Business
  • Investment
  • Nedbank
  • Provincial
A unique guide to business and investment in the Eastern Cape. The 2018 edition of Eastern Cape Business is the 11th issue of this highly successful publication that, since its launch in 2006, has established itself as the premier business and investment guide for the Eastern Cape. The Eastern Cape’s investment and business opportunities are highlighted in this publication. In addition to the regular articles providing insight into each of the key economic sectors of the province, there are special features on the role of the renewable energy sector on the region’s future and on the growth of tourism (spurred by the hosting of international events such as the 2018 IRONMAN 70.3 World Championship, the first-ever cricket Test match to be played at night at St George’s Park and Vodacom Origins of Golf events at St Francis Links). All of the major business chambers in the province have made contributions to the journal. To complement the extensive local, national and international distribution of the print edition, the full content can also be viewed online at www.easterncapebusiness.co.za. Updated information on the Eastern Cape is also available through our monthly e-newsletter, which you can subscribe to online at www.gan.co.za, in addition to our complementary business-to-business titles that cover all nine provinces as well as our flagship South African Business title.

POWERX Stimulating the

POWERX Stimulating the use of clean power. POWERX is the pioneer in the trading of electricity in South Africa and is supplying various businesses with “green” power. POWERX holds a NERSA-issued electricity trading licence which allows it to buy and sell power generated from renewable/clean resources, using the national grid network to facilitate such trade. POWERX uses the municipal grid network where such agreements exist with the relevant municipalities. Renewable Energy Certificates (RECs) provide proof of origin that the power has been generated from a renewable resource. This represents additional value for the customer and shows commitment to reducing carbon emissions. POWERX is focused on the end goal of stimulating the production and consumption of clean power in South Africa. As an aggregator, POWERX is able to assume and actively manage the risks that generators and customers cannot assume or mitigate themselves. POWERX currently operates exclusively in Nelson Mandela Bay Municipality, however we have recently secured agreements with the Umjindi and Mandini municipalities which enables us to use their distribution network to trade in that territory. POWERX is well advanced in its plan to expand its footprint to cover more municipal regions across South Africa. DYNAMIC PROPOSITION POWERX offers a dynamic value proposition to municipalities which includes stimulation of the generation of power within the municipal borders, boosting local economic development, reduction in carbon emissions, revenue protection through active management of embedded generation to avoid grid defection, and cost avoidance through reduction in existing ancillary electricity charges. The procurement of power via POWERX ensures predictability of annual cost increases and also allows us to provide a discount on power supplied to customers depending on their respective tariff structure. CONTACT INFO Physical address: 6th Floor, The Mall Offices, 11 Cradock Ave, Rosebank, Johannesburg, Telephone: 0861 POWERX (769379) Email: info@POWERX.energy Website: http://www.powerx.energy EASTERN CAPE BUSINESS 2018 18

19 EASTERN CAPE BUSINESS 2018

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