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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

Nedbank CIB underwrites mining credit facility for the Geita gold mine

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Nedbank Corporate and Investment Banking (Nedbank CIB) has structured and underwritten a $500-million credit facility for gold major AngloGold Ashanti's Geita gold mine, in Tanzania. In a media release, Nedbank explains that it is one of the largest facilities of its kind that the bank has underwritten to date in the mining sector. Nedbank CIB provided a fully underwritten solution, giving AngloGold Ashanti funding certainty ahead of a planned debt syndication process.

PIC suspends CEO, appoints new acting chief investment officer

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The board of the Public Investment Corporation (PIC) has placed its CEO Patrick Dlamini on precautionary suspension, saying it is necessary to give him sufficient space and time to respond to allegations of impropriety against him that were submitted to the board in a whistleblower report last month. "In line with applicable labour legislation and internal PIC policies, the precautionary suspension is intended to ensure a fair, objective and independent investigation into these allegations. The suspension does not, in any way, constitute a finding nor is it a pronouncement of any wrongdoing on the part of the CEO," the PIC clarifies.

Vehicle emissions contribute to notable health burden in Johannesburg, study finds

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A new report compiled by global partnership The Real World Urban Emissions (TRUE) Initiative reveals unequal exposure to vehicle emissions and air pollution across Johannesburg. The report was compiled by independent nonprofit research organisation International Council on Clean Transportation (ICCT) researchers Mallery Crowe, Kaylin Lee and Yoann Bernard, in collaboration with the City of Johannesburg, the University of Johannesburg Energy and Environmental Technology Station (UJ PEETS) and global climate and public health initiative Breathe Cities.

Sanral CEO steps down

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The South African National Roads Agency Limited (Sanral) has confirmed that its CEO, Reginald Demana, has resigned with effect August 31. Demana will move to a new, not yet known, position in the financial services sector.

‘Significant operational improvements’ recorded at Cape Town port – TNPA

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Transnet National Ports Authority (TNPA) says it has recorded “significant operational improvements” at the Port of Cape Town, with progress in terminal performance, reduced ship turnaround time (STAT) and increased volume throughput across key commodity sectors. According to the State-owned port operator it has achieved consistent year-on-year improvements in container terminal STAT, decreasing from 103 hours in the 2023/24 financial year to 83 hours in 2024/25, with a further improvement to 74 hours in 2025/26.
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