Amazon, Redefine Properties sign up for Cape Town's latest load shedding solution
Fifteen companies will participate in a pilot project to trade electricity using the City of Cape Town's distribution infrastructure.
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Fifteen companies will participate in a pilot project to trade electricity using the City of Cape Town's distribution infrastructure.
Shares in Redefine Properties more than 6% on Monday, after cut its first-half dividend more than 14% and reported that load shedding has cost it 1.5% of its first-half earnings.
Redefine Properties is looking at boosting its solar power generation capacity as it seeks to reduce its reliance on South Africa's failing state-owned electricity utility.
A look at Bitcoin performance, Redefine results and the state of e-commerce.
Redefine Properties is accelerating an expansion into the logistics space in Poland and at home, its chief executive officer said after the company reported a 62.7% decline in half-year headline earnings on Monday.