Projects – Altax Logistics

GREEN ENERGY

We are a dynamic group, empowering renewable energy projects through innovative financing, engineering expertise and strategic partnerships. Through our involvement in various development projects, we have gained the expertise and knowledge necessary to successfully execute complex investment processes.

Our strategic partners have gone through the several stages of development to finally specialise in large-scale photovoltaic farms, wind farms and energy storage facilities.

Our daily and persistent work contributes to the improvement of energy security of our country, the improvement of the quality of the natural environment and permanently increases our share in the electricity production market.

As a company with a group of partners, we are committed to driving the renewable energy transition in South Africa. With a proven track record and deep expertise, we will deliver comprehensive renewable energy solutions, from project development to long-term operation. We are dedicated to creating a sustainable future by harnessing the power of the sun and wind, while contributing to energy security, environmental protection, and economic growth.

By harnessing the power of the sun and wind, we are committed to:
Driving Sustainable Growth: Delivering clean, reliable, and affordable energy solutions to power South Africa’s future. Empowering Communities: Creating jobs, stimulating local economies, and uplifting communities through sustainable development.
Pioneering Innovation: Leading the way in renewable energy technology and project delivery, setting new industry standards.

Together, we are building a brighter, greener future for South Africa.

PETROLEUM AND STORAGE

Energy and petroleum products are the two main ingredients required for any economy to function and grow. The major petroleum products that are sold in South Africa are petrol, diesel, jet fuel, illuminating paraffin, fuel oil, bitumen and liquefied petroleum gas (LPG). Petrol and diesel are the major liquid fuels that are used in South Africa.

Top of mind for South Africans now is economic growth as well as job creation. Not that you can really get the one i.e. job creation, without the other. The shutting down of the Sasol refinery, means that the entire oil refinery fleet is now out of commission in South Africa

South Africa is now fully dependent on the import of finished products only and South Africa will remain dependent for longer on petroleum than the developed economies. As the world becomes increasingly reliant on oil and gas resources, the demand for petroleum is expected to grow significantly in the coming years

Since economic growth is closely linked to its energy demand, the demand for oil and gas is expected to increase, making the sector attractive for investment.

MINING AND MINERALS

South Africa holds the world’s largest reported reserves of gold, platinum group metals, chrome ore and manganese ore, and the second-largest reserves of zirconium, vanadium and titanium.

Mining and its related industries are critical to South Africa’s socio-economic development. The sector accounts for roughly one-third of the market capitalisation of the JSE and continues to act as a magnet for foreign investment in the country. Mining has been central to the social and economic narrative of Southern Africa and has been a key provider of investment, employment, government revenue and infrastructure in the region.

Despite the mining sector’s significant contribution to employment, creating more sustainable economic linkages has become a priority as the country seeks to find a new economic model to address its weak economic performance and rising unemployment. It is generally considered that foreign investment can act as a catalyst for investment and economic development in South Africa. The government of South Africa is generally open to foreign investment as a means to drive economic growth, improve international competitiveness and access foreign markets.

CONSTRUCTION AND INFRASTRUCTURE

The construction industry is expected to rebound, with forecast expansion of 9.1%. According to the report Construction in South Africa – Key Trends and Opportunities to 2025, we can expect the industry to stabilize at an annual average growth of 3.1% between 2023 and 2025. The four key types of construction include residential, commercial, industrial, and infrastructure, which covers nearly every construction project.

According to the World Bank, the country has an upper-middle-income economy, one of only eight countries in Africa. The South African construction sector is a crucial driver of socio-economic development and a key employment multiplier. In 2021, the industry employed well over 1.2 million people

As well as being the largest provider of full-time jobs, the construction industry also directly supports far more businesses than any other sector of the economy The construction industry is vitally important in terms of contributing to economic development. Construction creates, builds and maintains the business workplaces, infrastructure, homes, schools, hospitals, and so on, which provide the services that society relies on.

Investments in this industry will boost social upliftment and job creation.

HEALTHCARE

The healthcare industry has become the most rapidly growing sector and largest employer globally. There is no doubt that South Africa’s healthcare industry is one of the most dynamic sectors in the world. Currently, the public sector provides health care for 80% of the population and accounts for approximately 48% of total health care spending. However, the private sector provides health care for 20% of the population and accounts for approximately 50% of total health care spending while the remaining 2% is provided by non-governmental organisations.

Any company involved in products and services related to health and medical care are represented in the healthcare sector and further categorized under six main industries. These industries include pharmaceuticals, biotechnology, equipment, distribution, facilities and managed health care. Health care is a business. Like any other business, the healthcare industry stands to benefit from practices that drive innovation and growth. Healthcare providers offer patients a unique service, but that fact alone does not guarantee their success.

The healthcare sector consists of businesses that provide medical services, manufacture medical equipment or drugs, provide medical insurance, or otherwise facilitate the provision of healthcare to patients.

Healthcare expenditure in South Africa, which is over R500bn a year, is roughly evenly split between the public and private healthcare sectors, despite the former providing care for 85% of South Africans. The healthcare sector was put to the test through the COVID-19 pandemic As a result, the potential for discontinuous change in healthcare has increased. Our analysis finds that national health expenditure could grow at a rate of 7.1 percent over the next five years from 2022 to 2027, compared with an expected economic growth rate of 4.7 percent

SOCIAL UPLIFTMENT

Social Upliftment Services (SUS) community projects empower people by imparting skills and knowledge which are both practical and underpinned by the spiritual growth of the people involved.

Social development is about improving the well-being of every individual in society so they can reach their full potential. The success of society is linked to the well-being of each and every citizen.

Social development means investing in people. Projects are considered strategic tools for decision making in governmental and social organisms.

Examples of upliftment Projects:

(1) Manufacturing Projects
(2) Construction Projects
(3) Management Projects