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South African Business 2018 edition

Welcome to the sixth edition of the South African Business journal. First published in 2011, the publication has established itself as the premier business and investment guide to South Africa, supported by an e-book edition at www.southafricanbusiness.co.za. Regular pages cover all the main economic sectors of the South African economy and give a snapshot of each of the country’s provincial economies. Feature articles on topical issues such as sustainability and African trade provide unique insights, together with an interview with the newly elected chairman of the African Association of Automotive Manufacturers, Mr Thomas Schaefer. Another special feature focusses on an exciting project to transform South Africa’s small harbours and coastal properties. South African Business is complemented by nine regional publications covering the business and investment environment in each of South Africa’s provinces. The e-book editions can be viewed online at www.globalafricanetwork.com. First published in 2011, the publication has established itself as the premier business and investment guide to South Africa, supported by an e-book edition at www.southafricanbusiness.co.za Regular pages cover all the main economic sectors of the South African economy and give a snapshot of each of the country’s provincial economies. Feature articles on topical issues such as sustainability and African trade provide unique insights, together with an interview with the newly elected chairman of the African Association of Automotive Manufacturers, Mr Thomas Schaefer. Another special feature focusses on an exciting project to transform South Africa’s small harbours and coastal properties. South African Business is complemented by nine regional publications covering the business and investment environment in each of South Africa’s provinces. Visit www.globalafricanetwork.com for more business and investment news, opportunities and events.

Welcome to the sixth edition of the South African Business journal. First published in 2011, the publication has established itself as the premier business and investment guide to South Africa, supported by an e-book edition at www.southafricanbusiness.co.za.

Regular pages cover all the main economic sectors of the South African economy and give a snapshot of each of the country’s provincial economies. Feature articles on topical issues such as sustainability and African trade provide unique insights, together with an interview with the newly elected chairman of the African Association of Automotive Manufacturers, Mr Thomas Schaefer. Another special feature focusses on an exciting project to transform South Africa’s small harbours and coastal properties.

South African Business is complemented by nine regional publications covering the business and investment environment in each of South Africa’s provinces. The e-book editions can be viewed online at www.globalafricanetwork.com.
First published in 2011, the publication has established itself as the premier business and investment guide to South Africa, supported by an e-book edition at www.southafricanbusiness.co.za

Regular pages cover all the main economic sectors of the South African economy and give a snapshot of each of the country’s provincial economies. Feature articles on topical issues such as sustainability and African trade provide unique insights, together with an interview with the newly elected chairman of the African Association of Automotive Manufacturers, Mr Thomas Schaefer. Another special feature focusses on an exciting project to transform South Africa’s small harbours and coastal properties.

South African Business is complemented by nine regional publications covering the business and investment environment in each of South Africa’s provinces. Visit www.globalafricanetwork.com for more business and investment news, opportunities and events.

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Pele Natural Energy<br />

INTERVIEW<br />

Managing Director Obakeng Moloabi explains how his<br />

company is expanding into other <strong>African</strong> countries.<br />

Obakeng Moloabi<br />

What is the core mandate of Pele Natural Energy?<br />

To develop, own and operate traditional fuel power assets in the drive<br />

for inclusive growth.<br />

How do you go about identifying possible projects?<br />

Establishing customer demand is the cornerstone of every project.<br />

Availability of feedstock and project viability from a technical and<br />

financial perspective is the next element to consider. Social impact<br />

becomes the final and most important consideration as this will speak<br />

to the sustainability of the project.<br />

Please tell us about your first plant being developed<br />

beyond <strong>South</strong> Africa’s borders?<br />

We are almost at commercial operations for a gas-to-power 40MW<br />

project located in Mozambique.<br />

BIOGRAPHY<br />

Obakeng Moloabi is a founding<br />

member of the Pele Energy<br />

Group and the Managing Director<br />

of the conventional power<br />

subsidiary, Pele Natural Energy.<br />

Obakeng holds an undergraduate<br />

degree in Investment<br />

Management from the University<br />

of Johannesburg. Under<br />

Obakeng’s leadership, Pele<br />

Natural Energy has developed<br />

its presence across <strong>South</strong>ern<br />

Africa with an asset portfolio<br />

of 340MW, 40MW in Mozambique<br />

(commercial operations)<br />

and 300MW (financial closed<br />

asset) in <strong>South</strong> Africa.<br />

How much generating capacity is under development,<br />

and what are your goals in this regard?<br />

We have 40MW under construction, 300MW expected to reach<br />

financial close in the next few months and 1 000MW in development.<br />

79 SOUTH AFRICAN BUSINESS <strong>2018</strong>

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