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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

Tau says hostile geopolitics won’t thwart investment event that could attract 65-plus in new ...

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Trade, Industry and Competition Minister Parks Tau has expressed confidence that the upcoming South Africa Investment Conference (SAIC) will not be undermined by hostile geopolitical developments, reporting that delegates from more than 31 countries are registered to attend. The sixth edition of the SAIC is scheduled to take place at the Sandton Convention Centre in Johannesburg on March 31 and Tau gave assurances on Monday that the event was continuing to attract interest from both domestic and international investors following a two-year pause.

African bunkering hubs gain as ships reroute around the Cape

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Ship-refuelling companies along Africa's coast are seeing a surge in business as more vessels divert around the Cape of Good Hope, with war in the Middle East reshaping global shipping routes and boosting the continent's role as a bunkering hub. Carriers have been avoiding the Suez Canal and the Bab el-Mandeb Strait since late 2023, when Houthi attacks on Red Sea shipping began. US and Israeli strikes on Iran and the closure of the Strait of Hormuz have reinforced the shift, prompting expectations that Africa's bunkering sector will benefit from prolonged instability.

Fairvest reports strong interim performance, to achieve upper end of full-year guidance

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JSE-listed real estate investment trust Fairvest reports good operational performance and confirms it expects to achieve the upper end of its earnings guidance of a 9% to 11% increase in distributable earnings a share during its financial year to September 30, said Fairvest CEO Darren Wilder on March 23. The company owns 130 assets that boast more than one-million square metres of gross lettable area, and it had a market capitalisation of R15.4-billion at the end of February, up R3.4-billion during the six-month period to March 31.

ASP completes well drilling for first phase of Virginia gas project

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JSE-listed ASP Isotopes has completed the drilling of the wells required for Phase 1 of the Renergen helium project, about four months ahead of schedule. “This marks a watershed moment for our plans for helium production at the Virginia gas project. Drilling results from the Phase 1C exploration campaign indicate that the reservoir system is capable of delivering gas flow rates that meet or exceed previously estimated type curves – directly addressing the flow constraints that have historically limited plant utilisation and helium production.

Vukile reports significant deal activity, strategic portfolio reshaping efforts

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JSE-listed real estate investment trust (Reit) Vukile Property Fund has released a pre-close update ahead of its March 31 financial year-end, showing astute capital recycling momentum and robust operating metrics, supported by asset management initiatives and Vukile’s customer-focused retail property model. During its second half of the financial year, Vukile continued to rotate assets in line with its strategy, recycling capital into strategically aligned, earnings-accretive assets while avoiding cash drag.
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