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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

Famous Brands reports bump in revenue, while profits decline for 2024 financial year

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Branded food services franchisor Famous Brands has reported an 8% increase in revenue to R8-billion for the financial year ended February 29, although a 6% decrease in profit to R812-million and a 1.5% profit margin contraction from 11.6% to 10.1% dampened results. Despite the group’s carefully managed cost base, the operating profit margins were negatively impacted on by input cost pressures and increases in overheads, namely electricity, water, diesel, repairs, maintenance and employee costs.

Eskom board approves plan to operate Camden, Grootvlei and Hendrina to 2030

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The Eskom board has given its approval for the continued operation of the Camden, Grootvlei and Hendrina power stations to 2030 – a departure from the original decommissioning schedule that has reportedly been endorsed by Cabinet. In response to a question posed by Engineering News during an update on the Energy Action Plan, head of generation Bheki Nxumalo said: “We have just recently received board approval to run three of our stations – that is Hendrina, Grootvlei and Camden – up until 2030.”

Zero Carbon Charge signs MoU with Free State govt on EV charger rollout

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Zero Carbon Charge (Zero CC) has signed a memorandum of understanding (MoU) with the Free State provincial government on the introduction of what it describes as a “network of solar-powered, offgrid, ultrafast electric vehicle (EV) charging stations across the province”. The rollout promises the construction of 15 electric passenger vehicle charging stations and seven electric truck charging stations by Zero CC and Zero Carbon Logistics (Zero CL), respectively.

Wine grape supply balances with demand in 2024 harvest season

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The 2024 wine grape harvest has yielded 1.09-million tonnes from 87 848 ha, which is 7% lower than the prior harvest season, industry body Vinpro reports. Vinpro consultation services manager Dr Etienne Terblanche says the 2024 harvest season was a journey marked by careful planning and the adaptability of wine producers in the face of diverse climatic adversities and various disruptions.

Astral poultry division makes notable financial recovery in H1

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JSE-listed integrated poultry producer Astral Foods has reported improved results for the six months ended March 31, on the back of its “reset, refocus and restart campaign” which was launched in response to significant losses incurred from loadshedding and avian influenza in the 2023 financial year. The group reports an operating profit increase of 461% to R550-million for the six months under review, compared with an operating profit of R98-million reported for the six months ended March 31, 2023.
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