Latest news with #SK
The Citizen
4 days ago
- Automotive
- The Citizen
New Subaru Forester coming to South Africa
Its most recent local market developments having been in 2023 when it announced pricing for the XV and the turbocharged Outback XT, Subaru has officially confirmed the sixth generation Forester for South Africa by way of a teaser image on its Instagram page. What to expect? Shown on the eve of the Los Angeles International Auto Show nearly two years ago, the internally named SL Forester not only sports a less rounded appearance than the preceding SK, but a stiffer Global Platform foundation as well as improved steering. Wider and longer than the SK, the SL also has more boot space ranging from 838l to 2 106l, and inside, improved materials plus the portrait-style 11.6-inch Starlink infotainment system with wired Apple CarPlay and wireless Android Auto. View this post on Instagram A post shared by Subaru Southern Africa (@subaru_sa) While specification is set to vary depending on the trim level, notable items available in the States include heated and ventilated front seats, a hands-free electric tailgate, wireless smartphone charger, dual-zone climate control and LED headlights. As part of the heavily revised EyeSight range of safety and driver assistance systems, the Forester comes equipped with Adaptive Cruise Control, Autonomous Emergency Braking, Blind Spot Monitoring, Reverse Automatic Braking, Driver Attention Alert, Rear Cross Traffic Alert, Rear Exit Assist and Lane Keep Assist. In addition, Subaru has upgraded the quality of the forward facing camera, as well as the overall 360-degree surround-view system. Up front Up front, the South African-spec Forester is unlikely to offer the 1.8l turbocharged flat-four Boxer engine, or indeed the pair of hybrid units consisting of the mild-hybrid 2l e-Boxer and the self-charging 2.5l e-Boxer. As in not only the US but also Australasia, the only unit set to be available is the conventional normally aspirated 2.5l that produces 132kW/241Nm in the former and 136kW/247Nm Down Under. In both instances, a revised Lineartronic CVT sends the amount of twist to all four wheels through Subaru's Symmetrical All-Wheel-Drive system. At present, the outgoing local market Forester has a choice of two powerunits; the 2l flat-four outputting 115kW/196Nm and the mentioned 2.5 rated at 136kW/239Nm. More soon Priced from $43 490 (R504 629) in Australia and $29 995 (R528 536) in the United States, Subaru South Africa is yet to confirm an exact date of reveal, however, given the commencing of the teaser campaign yesterday, expect more details to be announced soon. As a reminder, the current three model SK Forester range starts at R699 000 for the 2.0i S ES, extends to R729 000 for the 2.5i Sport ES and ends at R780 000 for the flagship 2.5i S ES. This article first appeared in the The Citizen. Breaking news at your fingertips… Follow Caxton Network News on Facebook and join our WhatsApp channel. Nuus wat saakmaak. Volg Caxton Netwerk-nuus op Facebook en sluit aan by ons WhatsApp-kanaal.
The Citizen
5 days ago
- Automotive
- The Citizen
Teasers start: New Subaru Forester coming to South Africa
As with the current, soon to be outgoing model, the new Forester is likely to continue with the normally aspirated 2.5-litre flat-four Boxer engine connected to a CVT. Sixth generation Forester has been approved for South Africa, although a date of reveal remains unknown. Image: Subaru North America Its most recent local market developments having been in 2023 when it announced pricing for the XV and the turbocharged Outback XT, Subaru has officially confirmed the sixth generation Forester for South Africa by way of a teaser image on its Instagram page. What to expect? Shown on the eve of the Los Angeles International Auto Show nearly two years ago, the internally named SL Forester not only sports a less rounded appearance than the preceding SK, but a stiffer Global Platform foundation as well as improved steering. Wider and longer than the SK, the SL also has more boot space ranging from 838-litres to 2 106-litres, and inside, improved materials plus the portrait-style 11.6-inch Starlink infotainment system with wired Apple CarPlay and wireless Android Auto. ALSO READ: Angular looking new Subaru Forester emerges from the woods While specification is set to vary depending on the trim level, notable items available in the States include heated and ventilated front seats, a hands-free electric tailgate, wireless smartphone charger, dual-zone climate control and LED headlights. Interior recieves more premium materials, as well as the latest 11.6-inch Starlink infotainment system. Image: Subaru North America As part of the heavily revised EyeSight range of safety and driver assistance systems, the Forester comes equipped with Adaptive Cruise Control, Autonomous Emergency Braking, Blind Spot Monitoring, Reverse Automatic Braking, Driver Attention Alert, Rear Cross Traffic Alert, Rear Exit Assist and Lane Keep Assist. In addition, Subaru has upgraded the quality of the forward facing camera, as well as the overall 360-degree surround-view system. Up front Up front, the South African-spec Forester is unlikely to offer the 1.8-litre turbocharged flat-four Boxer engine, or indeed the pair of hybrid units consisting of the mild-hybrid 2.0-litre e-Boxer and the self-charging 2.5-litre e-Boxer. As in not only the US but also Australasia, the only unit set to be available is the conventional normally aspirated 2.5-litre that produces 132kW/241Nm in the former and 136kW/247Nm Down Under. Rear is less rounded than the current Forester, but still represents more of an evolution. Image: Subaru North America In both instance, a revised Lineartronic CVT sends the amount of twist to all four wheels through Subaru's Symmetrical All-Wheel-Drive system. At present, the outgoing local market Forester has a choice of two powerunits; the 2.0-litre flat-four outputting 115kW/196Nm and the mentioned 2.5 rated at 136kW/239Nm. More soon Priced from $43 490 (R504 629) in Australia and $29 995 (R528 536) in the United States, Subaru South Africa is yet to confirm an exact date of reveal, however, given the commencing of the teaser campaign today (1 July), expect more details to be announced soon. As a reminder, the current three model SK Forester range starts at R699 000 for the 2.0i S ES, extends to R729 000 for the 2.5i Sport ES and ends at R780 000 for the flagship 2.5i S ES. NOW READ: Forester Subaru's proud flag-bearer in South Africa
The Star
28-06-2025
- Business
- The Star
SK Group is said to consider selling stake in Malaysian waste firm Cenviro
SK Group is considering selling its minority holding in Cenviro Sdn. in a deal that could value the Malaysian waste management company at about US$300mil, according to people with knowledge of the matter. The South Korean conglomerate is working with a financial adviser on a potential sale of its 30% stake, the people said, asking not to be identified because the process is private. SK has been in touch with prospective investors, including industry peers and private equity firms, two of the people said. SK invested in Cenviro in 2022 through SK Ecoplant Co. for an undisclosed sum. Malaysian sovereign wealth fund Khazanah Nasional Bhd. is Cenviro's majority shareholder. Considerations are ongoing and SK may decide to keep the stake, one of the people said. Representatives for Cenviro and SK ecoplant declined to comment. If SK proceeds with a sale, it would be in line with its shift away from the waste management business: South Korean media has reported that it plans to also sell its Renewus and RenewOne units. SK has been going through a wider restructuring after a lengthy acquisition spree that burdened it with liabilities. The conglomerate is also focusing its attention more on areas such as artificial intelligence and chips. - Bloomberg
Daily Tribune
25-06-2025
- Politics
- Daily Tribune
New Youth Empowerment Center Opens in Northern Sehla
SK Young people in Northern Sehla now have a brand-new space to learn, grow, and connect, thanks to the opening of the Northern Sehla Youth Empowerment Center. The center was officially opened by Youth Affairs Minister Rawan bint Najeeb Tawfiqi, who toured the facility alongside local residents, community leaders, and youth representatives. This new center isn't just a building—it's a place designed to support and inspire the next generation. With training rooms, computer labs, a sports field, and areas for workshops and events, it's equipped to help young people develop their talents and ideas. Minister Tawfiqi said the opening is part of Bahrain's ongoing commitment to its youth, guided by the vision of the country's leadership. 'Supporting young people is one of our top priorities,' she said, noting that national leaders see youth as the key to the country's future. The center aims to become a hub for creativity, learning, and community engagement. Hassan Awaaji, head of the center's board, called it a 'second home' for young people, where they can gain skills, discover their passions, and make a real impact. 'We believe in our youth,' he said. 'This center is a sign of that belief—an investment in their energy, ideas, and potential.' The launch marks a new chapter for youth in the area, with hopes that the center will help unlock opportunities and empower more young Bahrainis to lead, create, and contribute.
Yahoo
25-06-2025
- Business
- Yahoo
Enhanced FCC Transition Loan terms aim to better support ag and food entrepreneurs
REGINA, SK, June 25, 2025 /CNW/ - Agriculture and agri-food business owners transferring farm or business assets to new owners now have a new option to consider, given recent changes to Farm Credit Canada's (FCC) Transition Loan. The loan's new terms come at a very important time. Canada's agriculture and food system is sitting on more than $50 billion in farm assets expected to be transferred in the next 10 years. "Transferring the family farm or business can be a stressful thing to manage, but the support of the FCC Transition Loan can help address the financial barriers folks experience," said The Honourable Heath MacDonald, federal minister of agriculture and agri-food. "It also creates opportunities for people looking to start or expand their operations, making it a real investment in the future of our agricultural sector." The enhanced FCC Transition Loan is specifically designed to facilitate the transfer of assets, making it easier for both buyers and sellers. The new terms allow disbursements to the seller over a period that extends to 10 years. The loan is available for farms, agribusiness or food businesses going through changes in ownership, be it within or outside the family. "One of the most consistent challenges faced by Canadian producers is transitioning their operations to either family or an outside qualified buyer. It is complex, nuanced, and emotional," said Justine Hendricks, FCC president and CEO. "For our part, we've been working hard to build a loan product that makes transition and sale easier for both buyers and sellers. Whether the buyers are new to the sector or not, this product is focused on delivering peace of mind and flexibility to Canadian agriculture and agri-food producers. It's designed specifically with affordability and success in mind." Benefits for the seller: Guaranteed full payment of the sale proceeds by FCC; Customized payment schedule for up to 10 years; and Opportunity to support a next generation entrepreneur. Benefits for the buyer: No need for upfront capital for a down payment; Flexibility to choose between improving cash flow or building equity (potential to reduce interest expense and pay off loan sooner); and FCC's AgExpert software is included. "The FCC Transition Loan has been a game changer for our farm," said Aaron and Amber Hoffus, grain, oilseed and cow-calf producers in Bjorkdale, Sask. "It has helped us to secure land and equipment, with flexible terms and saving interest helped us to continue growing. We've had the opportunity to grow and build our family farm for our kids, and hopefully generations to come, and would recommend the FCC Transition Loan to anyone looking to do the same. The enhancements to this particular FCC loan come at a critical time and can help other entrepreneurs like us better manage the realities that come with the transfer of assets." Whether a buyer is aiming to maximize cash flow with interest-only payments, or build equity quickly with accelerated principal payments, they can explore options using the Transition Loan calculator here. The FCC Transition Loan complements FCC's suite of products and services that support young producers and entrepreneurs, including FCC Advisory Services. For more information on the FCC Transition Loan, visit About FCCFCC is proud to be 100 per cent invested in Canadian agriculture and food. The organization's employees are committed to the long-standing success of those who produce and process Canadian food. FCC provides flexible financing and capital solutions, while creating value through data, knowledge, relationships and expertise. FCC offers a complement of financial and non-financial products and services designed to support the complex and evolving needs of the industry. As a commercial Crown corporation, FCC is a stable partner that reinvests profits back into the industry and communities it serves. For more information, visit SOURCE Farm Credit Canada View original content to download multimedia: 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
