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SMME Support as of July 2020

What the Renewable Energy (IPP) Projects have contributed to the Small Medium Micro Enterprises in South Africa

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The purpose of this presentation is to provide the information on what the Renewable Energy (IPP) Projects have contributed to the Small Medium Micro Enterprises in South Africa.

AFRICOAST ENGINEERS SA ESTABLISHES RENEWABLE ENERGY COMPANY

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Renewable energy engineering firm AfiCoast Engineers SA has announced that a new company,
AfriCoast Energy, will now be responsible for all future renewable energy projects - particulary
wind and solar - while it will also play a key role in guiding AfriCoast Engineers' current
basket of renewable energy projects.
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Industry News

Marriott to debut EDITION brand in Africa with Cape Town Waterfront development

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Global hospitality group Marriott International has signed an agreement with V&A Waterfront Holdings to open The Cape Town EDITION at the V&A Waterfront in 2026, marking the debut of the EDITION luxury hotel brand in Africa. The development will comprise a 142-room hotel alongside six private luxury residences, reinforcing Cape Town’s position as a leading international tourism and investment destination and adding to the ongoing expansion of the V&A Waterfront precinct.

Nampak shifts from stabilisation to manufacturing-led growth

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Packaging group Nampak is entering the next phase of its turnaround, pivoting from balance-sheet repair and operational stabilisation to manufacturing-led growth and optimisation, following a year marked by improved profitability, reduced debt pressure and stronger operating leverage. In its 2025 Integrated Report, published on Friday, the JSE-listed group reports that the completion of its Nigerian disposal and the settlement of Covid-19 insurance claims have materially eased financial constraints that previously limited strategic flexibility. As a result, Nampak is now positioned to pursue targeted capacity expansion, efficiency improvements and selective growth initiatives across its core beverage and diversified packaging operations.

Polyco injects R1.89m into polystyrene recycler

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Producer responsibility organisation Polyco has invested R1.89-million in waste service provider New Earth Recycling, strengthening one of South Africa’s only dedicated recyclers of post-consumer and agricultural polystyrene (PS) and expanding the country’s limited domestic processing capacity of this plastic type. This is Polyco’s third consecutive year of support for the Cape Town facility and reflects the broader need to build viable recycling solutions for plastics that are technically recyclable but have struggled to attract commercial investment, the organisation points out.

How BP’s new boss became the most powerful woman in fossil fuels

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Meg O’Neill’s rapid rise to the top of one of the world’s biggest fossil-fuel companies has been unencumbered by doubt. At a moment when oil executives are still being pressed to move away from hydrocarbons, she has a different argument: that the world is nowhere near done with them. So when BP stunned markets by naming an external chief executive officer for the first time, the choice of O’Neill signaled more than a leadership change. It marked a recalibration for BP, bruised by a failed pivot toward renewable energy, years of uneven financial performance, and pressure from activist investor Elliott Investment Management to return the company to its core oil and gas focus.
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