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South Africa: Eskom Leases Five Steam Locomotives To New Cape Central Railway Ltd For Five Years
According to Eskom, the process was conducted in close consultation with the South African Heritage Resources Agency (SAHRA) and the Heritage Railway Association of South Africa (HRASA), which provided guidance to ensure compliance with national heritage standards.
In a statement issued on Monday, Eskom said that while its core mandate is to deliver quality and reliable electricity, it also has a responsibility to safeguard the valuable heritage assets entrusted to it.
“By opting for a lease arrangement rather than a sale, Eskom retains custodianship of these assets, affirming its commitment to heritage preservation as a proudly South African company,” Eskom Group Chief Executive Dan Marokane said.
Originally intended for restoration and public exhibition, the locomotives were retrieved from the now-defunct museum.
Commenting on the development, Chief Executive Officer of Eskom Rotek Industries, Hector Danisa, said:
“These iconic locomotives have powered the energy industry for more than a century. This milestone demonstrates our shared commitment to preserving them and making them accessible through structured partnerships, ensuring their legacy endures for many years to come. They form a vital part of South Africa’s industrial and cultural heritage.”
Eskom, which turned 102 years old on March 1 this year, supplies around 90% of South Africa’s electricity and 30% of Africa’s total power.
Source: https://energynewsafrica.comAfrica Is The Biggest Investment Hub Now; Invest Before It’s Too Late – Ghana’s Energy Minister Tells Investors
“These are the key ingredients investors want to see before committing their resources, and they are happening in Africa now.”
He highlighted Ghana’s progress in boosting investor confidence, citing increased interest in the country’s energy and financial sectors.
According to him, Africa offers reliable returns and abundant opportunities that investors cannot afford to ignore.
Jinapor, however, cautioned that Africa must avoid a model of mere resource exploitation and instead focus on harnessing its natural wealth to promote inclusive growth.
He stressed that not only do investments drive GDP growth but also improve livelihoods across the continent.
“When growth is inclusive, it brings peace, cohesion and stability. That is the kind of development Africa is looking for,” he added.
Concluding his remarks, the Minister reaffirmed Africa’s position as the final frontier for global investments: “My message is simple: Africa is the next investment destination. The earlier you invest in Africa, the better it will be for you.”
Source: https://energynewsafrica.com 


