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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

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Denel’s turnaround plan is making progress, but not as fast as hoped

Denel, the State-owned defence industrial group, on Wednesday briefed Parliament’s Standing Committee on Appropriations about, among other issues, progress with its turnaround plan. This was initiated in 2022 and has three pillars, namely Stabilise, Sustain and Grow. Stabilise encompasses the securing of shareholder (government) funding, the finalisation and formal implementation of the Section 189 staff retrenchment process, and the right-sizing of the group’s resources and facilities (relative to orders) and the securing of critical skills for high probability opportunities.

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