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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

AMSA, IDC reopen deal talks with nonbinding offer for mills

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ArcelorMittal and South Africa’s biggest development finance institution have resumed talks over the potential acquisition of the Luxembourg-based steel giant’s operations in the African country, after failing to lure other suitors. The Industrial Development Corporation (IDC) will submit a nonbinding offer for the business, said the people, who asked to not to be identified because the information is still private. Late last year, talks between the parties fell apart without a deal after ArcelorMittal didn’t accept an informal proposal of about R8.5-billion, which would have included the repayment of R7-billion in debt to the South African unit’s parent.

Global investment growth resumes, but to developed, not developing economies – Unctad

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Global foreign direct investment (FDI) rose 14% in 2025 to $1.6-trillion, rebounding after two weak years, although most of the increase came from financial flows through global hubs and not new productive investment, says international trade organisation UN Trade and Development (Unctad). More than $140-billion of the increase came from higher flows through global financial centres. Excluding these conduit flows, global FDI rose by about 5%, thereby highlighting how limited the recovery remains in underlying investment.

Govt to require 2% of housing grants to go to innovative building technologies

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The Department of Human Settlements (DHS) will require provinces and metropolitan municipalities to allocate at least 2% of their 2026/27 housing grants to innovative building technologies (IBTs), signalling a push to accelerate housing delivery and improve resilience in disaster-prone areas. Human Settlements Minister Thembi Simelane confirmed this during a briefing on January 21, which preceded the DHS’s hosting of the Innovative Building Technologies Summit from February 3 to 4, at Nasrec, in Gauteng.

Astral Foods appoints interim CFO

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JSE-listed integrated poultry producer Astral Foods has advised that Henry Enslin has been appointed acting CFO of the group for the month of February until John Geel starts in a permanent CFO and director capacity on March 1. Enslin currently holds the position of financial manager for Astral’s poultry division.

Climate commission urges new holistic assessment amid ‘overlapping shocks’

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The Presidential Climate Commission (PCC) has welcomed the declaration of a state of national disaster in relation to the deadly flooding that has devastated the Mpumalanga and Limpopo provinces in particular in January. However, the advisory body has also called for a holistic reassessment of climate risks, noting that the floods coincided with other domestic climate-related disasters, including destructive wildfires in the Western Cape and the Eastern Cape, as well as the Knysna water crisis.
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