Hulisani joins the JSE, leverages demand for energy assets

Newly established renewable energy special-purpose acquisition (Spac) company Hulisani on Thursday listed on the main board of the Johannesburg Stock Exchange (JSE), taking advantage of investor demand for energy assets in South Africa and Africa. Hulisani CEO Mlungelo Zilimbola highlighted that the formation of the company was prompted by a need to address the poor economic growth of South Africa, which he said was “constrained by the energy capacity of the country”.