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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

South Africa's weekly port volumes drop 21%

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Data from the Southern African Association of Freight Forwarders (SAAFF) has shown a 21% decline in the number of twenty-foot equivalent units (TEUs) handled in South Africa during the week of September 14 to 20. Its latest ‘Cargo Movement Report’, produced in collaboration with Business Unity South Africa, shows that an average of 10 405 TEUs were handled daily at the various container terminals, decreasing from 13 096 TEUs the previous week and below the projected average of 12 513 TEUs.

OMMP Stage 1 secures $200m New Development Bank loan

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The New Development Bank (NDB) and National Treasury have signed a $200-million loan agreement to support Stage 1 of the Olifants Management Model Programme (OMMP), National Treasury announced on Friday. The financing strengthens the partnership between the South African government and the NDB in advancing the country’s sustainable infrastructure priorities.

Sasol nonexec Gasant resigns

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Petrochemicals giant Sasol has announced the resignation of nonexecutive director Rhidwaan Gasant effective September 25, for personal reasons. He is also stepping down from the company's audit and remuneration committees, respectively.

TotalEnergies board backs CEO Pouyanne's mandate renewal

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TotalEnergies said on Friday its board unanimously backed the renewal of chairperson and CEO Patrick Pouyanne's mandate and reaffirmed the relevance of the energy major's strategy ahead of its investor update scheduled for Monday. In May, investors had overwhelmingly approved lifting the age limits for its chair and CEO roles, paving the way for Pouyanne to remain at the helm through 2033.

Tetra Pak commissions R19m Gauteng PolyAl plant

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Food processing and packaging solutions company Tetra Pak has commissioned a new PolyAl processing plant in Germiston, Gauteng – a R19-million investment that will help convert used beverage cartons into new industrial products. It aims to increase the country’s carton recycling rate to 40% by 2030.
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