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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

World Bank confirms $350m funding for South Africa’s credit guarantee vehicle

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The World Bank Group has approved $350-million, or about R5.6-billion, to capitalise South Africa’s new credit guarantee vehicle (CGV), which is being established to mobilise private finance for public infrastructure without requiring additional government guarantees. The World Bank board of executive directors’ approval of the ‘South Africa Blended Finance Platform for Resilient Infrastructure Program’ opens the way for establishing the CGV, which the International Bank for Reconstruction and Development will help capitalise through the $350-million in approved funding.

ACSA to spend R11.3bn on new runway, upgrading terminals at Cape Town Airport

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Airports Company South Africa (ACSA) will spent an estimated R11.3-billion to upgrade and expand the Cape Town International Airport (CTIA). The infrastructure programme forms part of the State-owned entity’s long-term capital investment strategy aimed at strengthening capacity, modernising ageing infrastructure and supporting projected passenger growth, says ACSA spokesperson Ofentse Dijoe.

Modern grid needed as more renewable energy comes online – SAPVIA

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South Africa has an installed solar PV capacity of 10.2 GW, 72 GW of renewable-energy projects at an advanced stage of development and a pipeline of 220 GW of renewable-energy projects. However, the industry has reached a critical bottleneck, says industry organisation South African Photovoltaic Industry Association (SAPVIA) technical and policy manager Sim Khuluse.

Costs, imports eat away at Mpact’s profits but 2026 is poised for growth

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After experiencing a demanding period in the year ended December 31, 2025, JSE-listed paper and plastics packaging and recycling company Mpact has managed to grow underlying earnings before interest, taxes, depreciation and amortisation by 1.2% year-on-year to R1.5-billion. The group reported 5% higher revenue year-on-year at R14-billion but lower headline earnings per share of R3.07, compared with R3.24 in the prior year.

Building confidence index remains stable – FNB/BER

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The Building Confidence Index, published by financial services firm FNB and research organisation the Bureau for Economic Research (BER), remained relatively stable in the first quarter of the year, decreasing by one point quarter-on-quarter to 42 index points. Quarter-on-quarter, the confidence expressed by building main contractors increased by 11 points, that of quantity surveyors by seven points and subcontractors' confidence increased by five points.
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