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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

Nampak grows full-year revenue and Ebitda, reduces debt

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JSE-listed packaging company Nampak increased its revenue for the financial year ended September 30, by 8% year-on-year, while trading profit increased by 26% and trading margin improved to 12.3% from 10.5% in the 2024 financial year. Earnings before interest, taxes, depreciation and amortisation (Ebitda) for the metals segment was R1.6-billion, while the Ebitda of the corporate segment was R284-million. Ebitda based on operating profit increasing by 26% to R1.9-billion, the company says.

Scatec starts commercial operation at Grootfontein solar power plant

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Renewable-energy provider Scatec ASA has started commercial operation of the 273 MW Grootfontein solar power plant in South Africa, which will generate predictable revenues from a 20-year power purchase agreement. “We are proud to commence commercial operations at Grootfontein, reinforcing our strong record in South Africa.

Encouraging signs in South Africa’s economy, but more to be done – BLSA

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Last week’s GDP figures for the third quarter confirmed that the country is seeing green shoots emerging in the economy, business organisation Business Leadership South Africa CEO Busi Mavuso highlights in her latest newsletter. “The 2.1% year-on-year growth surprised economists and has triggered many to revise upward their forecasts for the full year from the previous consensus of around 1.2%. We should now beat that by a reasonable margin. Of course, this is still far below the meaningful growth we need to turn around unemployment, but it is a clear step in the right direction,” she explains.

Unilever South Africa lifts local content to 80% as it moves to embed supply-chain resilience

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The producer of a diverse range of well-known household brands – from Sunlight soap and OMO washing powder, to Vaseline and Robertsons Spices – reports that it has increased the local content in the products it manufactures in South Africa to 80% from a level of only 40% in 2019. The brands are all produced by Unilever South Africa, which manufactures 95% of the products it sells locally.

Aviation and tourist sector entities urge State to adopt digital border control technologies

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International air transport sector-owned technology company SITA and global private sector travel and tourism industry non-profit promotion entity, the World Travel & Tourism Council (WTTC), have issued a joint report on how countries could use the latest technologies and forward-looking digital visa policies to provide seamless travel while maintaining security. The report was entitled 'Better Borders: Enhance Security, Boost Tourism, Facilitate Seamless Travel & Drive Economic Growth'. Using current systems, the report points out that, by 2035, aviation is forecast to transport 14-billion passengers a year. The WTTC predicts that, by that time, travel and tourism will account for 11.5% of the global economy ($16.5-trillion, in money terms), and support 12.5% of the global workforce (or 462-million jobs).
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