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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

Parmalat to introduce new branding for its milk, yoghurt products

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Dairy company Lactalis South Africa will introduce refreshed packaging across its Parmalat milk and yoghurt ranges in South Africa to create a stronger visual link across the range and make products easier to recognise on store shelves. The new cartons and tubs will be introduced nationally between October and December, with no changes to the products’ recipes or pricing.

Business services sector must move to higher-value services as AI impacts industry – BPESA

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South Africa’s global business services (GBS) sector must move towards higher-value services and develop future-ready skills, as AI increasingly disrupts entry-level jobs and challenges the sector’s traditional call centre model. The sector must reconsider how value is defined in the industry, as traditional measures of labour costs and hours worked are no longer sufficient to guarantee future competitiveness, says business process outsourcing industry organisation Business Process Enabling South Africa (BPESA) CEO Reshni Singh.

Dipula lifts full-year distributable earnings, maintains 90% earnings payout ratio

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JSE-listed retail- and industrial-focused real estate investment trust Dipula increased its revenue for the financial year to August 31, by 11% year-on-year to R1.7-billion, while its net asset value increased by 20% year-on-year to R8.2-billion. Distributable earnings increased by 22% year-on-year to R636-million, while distributable earnings per share (DEPS) were 8.6% higher year-on-year at 62.17c.

Stefanutti expects to report improved interim earnings

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JSE-listed Stefanutti Stocks reports in a trading update to shareholders that it expects to report earnings per share (EPS) of between 97c and 106.24c for the six months to August 31 – representing a 110% to 130% increase on the EPS of 46.19c reported for the six months to August 31, 2025. EPS for total operations for the comparative period were 28.96c.

Eskom to outline case for coal life extensions before year-end following fleet and system reviews

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Electricity and Energy Minister Kgosientsho Ramokgopa has confirmed that a review of the country’s coal fleet had been undertaken by Eskom and his department to assess which of the power stations currently slated for retirement in 2030 should be operated for longer to sustain system stability. Engineering News & Mining Weekly has learned that Eskom, which initially signalled that the outcome of the review would be published in September, will release the findings of the assessment before year-end.
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