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 Green Energy<br />
INTERVIEW<br />
Renewable energy has enormous potential, according to<br />
the Managing Director of Pele Green Energy, Gqi Raoleka.<br />
Gqi Raoleka<br />
BIOGRAPHY<br />
Gqi Raoleka is a founding member<br />
of the Pele Energy Group<br />
and the Managing Director of<br />
the renewable energy subsidiary,<br />
Pele Green Energy, which<br />
was founded in 2009. He has<br />
a degree in Economics and<br />
Econometrics and an Honours<br />
degree in International and<br />
Monetary Finance from the Johannesburg<br />
University. Under<br />
Gqi’s leadership, Pele Green<br />
Energy has developed into<br />
one of the largest Independent<br />
Power Producers in <strong>South</strong><br />
Africa with a portfolio of over<br />
850MW.<br />
What are the key principles that underlie your business?<br />
An unending commitment to excellence, value creation and effecting<br />
structural change in the communities we provide power to.<br />
Please explain the concept of new value creation?<br />
The ability to build one’s own enterprise in contrast to only seeking<br />
to acquire that which has already been created and is in circulation.<br />
How important is research in community projects?<br />
In the absence of research, there is limited to no knowledge. Without<br />
knowledge there can be no development. Research is one of the key<br />
tools towards the attainment of knowledge and the only tangible<br />
answer to a community’s blueprint towards sustainable development.<br />
Research forms the base upon which community projects will bring<br />
about structural and meaningful change.<br />
The patterns and propensity towards certain types of physical<br />
and mental work styles that a specific community may have is best<br />
uncovered through detailed and targeted research. This enables<br />
industries to map their location based on the geographical spread of<br />
the workforce they may require and fosters more effective involvement<br />
and participation of the local community.<br />
What are the proportions of RE in your portfolio?<br />
Our renewable portfolio consists of 291MW of solar PV projects and<br />
613MW of wind farms.<br />
Where do you see the greatest growth potential?<br />
The growth prospects across the wind and solar technologies is immense.<br />
The reduction in prices of solar PV modules continues to fall<br />
at a rapid rate; the economies of scale, optimisations and efficiencies<br />
being reached are helping to keep the price reduction momentum.<br />
Decentralised power generation represents the largest growth<br />
prospect in the <strong>South</strong> <strong>African</strong> market. The decreasing costs of storage<br />
together with the falling prices in PV modules are allowing large,<br />
medium and small users of power the ability to consider alternate<br />
independent power sources for their domestic consumption.<br />
81 SOUTH AFRICAN BUSINESS <strong>2018</strong>
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