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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

World urged to invest more in electrification, renewables capacity to meet decarbonisation goals

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The world can close the gap to meet the globally agreed 2030 renewable energy goal, but must almost double the record 693 GW of new renewables capacity added in 2025 to about 1.2 TW a year between 2026 and 2030, says the International Renewable Energy Agency (Irena). The worldwide total installed renewable power capacity at the end of 2025 was 5.15 TW, and the global target aims to triple installed renewable power capacity to 11.2 TW by 2030.

Nissan launches new Tekton for the South African market

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Automotive company Nissan has launched the new Nissan Tekton for the South African market during the company’s Nissan Auto Festival, held at the Gallagher Convention Centre, in Midrand, on September 21. Nissan Africa and Europe president Jordi Villa said South Africa was the first African market to receive this model since the global launch in India, underscoring the importance of the country to the group.

Mining titans hire Rothschild to advise on South Africa F1 deal

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A South African consortium led by former Sibanye-Stillwater CEO Neal Froneman is working with Rothschild & Co on a bid to bring Formula One racing back to the African continent. Froneman, mining veteran Srinivasan Venkatakrishnan and law firm Webber Wentzel’s Robert Appelbaum, are planning to build a R6.7-billion motorsport complex in the wheat-growing Swartland region north of Cape Town, Bob Hartslief, a businessman who’s part of the consortium, said in an interview.

Oceana reports steady revenue, increased operating profit

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JSE-listed fishing company Oceana says its revenue for the 11 months to August 31 was in line with that of the 11 months to August 31, 2025, while operating profit increased, driven by improved performances from Lucky Star foods, fishmeal and fish oil (US) and Wild caught seafood, and partly offset by continued pressure in the fishmeal and fish oil (Africa) segment, where lower production and sales volumes resulted in a significant operating loss. In a trading statement, the company says its Lucky Star foods division delivered mixed results for the period, with a strong first half followed by a subdued second half through to the end of August.

Veolia, Norfund to help AMSA develop resource efficiency projects

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Steel producer ArcelorMittal South Africa (AMSA), environmental services company Veolia and Norwegian developing country investment fund Norfund have entered into a development agreement to advance a portfolio of practical, investable energy, water and resource-efficiency projects across AMSA’s operations. The structured project development programme aims to convert identified decarbonisation and resource efficiency opportunities into technically sound, commercially viable and potentially bankable projects.
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