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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

Alcoa sees South Africa’s Hillside Aluminium being 'cash flow accretive immediately'

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This asset adds scale to our smelting portfolio in a way that is expected to be cash flow accretive immediately, Alcoa Corporation President and CEO William (Bill) F. Oplinger said of South Africa’s Hillside Aluminium smelting business during a conference call following the New York Stock Exchange-listed company’s announcement of the aluminium-linked assets of the Johannesburg Stock Exchange-listed South32. “We think we’re acquiring fantastic long-term assets at a really reasonable price,” Oplinger said during question time in reply to Citi Investment Research analyst Alex Hacking.

Johannesburg faces R2.1bn funding gap as its bills mount

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Johannesburg is starting a new financial year with a multibillion-rand budget that’s not fully funded, potentially deepening a crisis that’s already left it unable to pay for power and fuel supplies. South Africa’s biggest city is facing an unfunded budget gap of about R2.1-billion for the year starting July 1, according to a framework seen by Bloomberg News. The National Treasury attributed the shortfall to city revenue projections that appear overstated relative to audited results, according to the document.

Landis+Gyr EMEA rebrands as EYKON

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EYKON has been announced as the new name for critical infrastructure support company Landis+Gyr Europe, Middle East and Africa (EMEA) as an independent company from the Landis+Gyr Group. EYKON will serve customers across Europe, the Middle East and Africa, and Landis+Gyr Group will continue to operate in America and South East Asia.

Busa withdraws from UIF structures at Nedlac

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Business organisation Business Unity South Africa (Busa) has withdrawn from the Unemployment Insurance Fund (UIF) structures at the National Economic Development and Labour Council (Nedlac) and removed its representatives from the UIF board. “This step is essential to safeguard the reputation of our representatives, uphold sound governance principles and send an unequivocal message that the current situation is unsustainable,” Busa says in a media release.

Final amendments to Numbering Plan Regulations published

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The Independent Communications Authority of South Africa (Icasa) has published the Numbering Plan Fourth Amendment Regulations (2025) to create a standardised framework for the churn, deactivation and recycling of inactive mobile numbers. This will ensure the efficient use of mobile numbers that supports long-term sustainability of the numbering resources, provide reasonable opportunity for subscribers to retain their numbers before deactivation and provide regulatory clarity and certainty across the sector.
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