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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

TRIM upgrading critical infrastructure on the iron-ore export line

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The State-owned Transnet Rail Infrastructure Manager (TRIM) says extensive maintenance and renewal work is under way along the 861 km iron-ore export line stretching from Sishen, in the Northern Cape, to the Port of Saldanha Bay, in the Western Cape, as TRIM strengthens one of South Africa's most strategic freight rail corridors. Transnet group CE Michelle Phillips and group COO Solly Letsoalo accompanied Transport Minister Barbara Creecy on a detailed inspection of technical maintenance activities taking place during the yearly iron-ore line shutdown.

TLU SA welcomes partial win in court against DWS over water-use debts issue

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Despite the High Court in Pretoria having dismissed an application for declaratory relief that marks a win in favour of Sakeliga and TLU SA against the Department of Water and Sanitation (DWS), TLU SA says important legal questions on the application of prescription to water use charges remain unanswered. The issue between Sakeliga and the DWS primarily revolves around the unlawful collection of prescribed (expired) water-use debts and non-itemised billing targeting commercial and agricultural water users.

South African factories crater as China imports stunt revival

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South Africa’s manufacturing sector has been in decline for more than three decades. Now, a deluge of cheap Chinese goods, intensified by US President Donald Trump’s tariff war, is putting what remains of its industrial base under renewed pressure. Chinese exports to South Africa have more than doubled since the start of the decade, rising by almost $10-billion in the first eight months of this year compared with the same period six years ago. Among Africa’s major economies, only Nigeria recorded a bigger increase.

Kholo Capital provides R275m mezzanine debt funding to DCC

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South African information and communications technology (ICT) products and solutions distributor DCC Holdings has secured R275-million in mezzanine debt funding from Kholo Capital Mezzanine Debt Fund I. As DCC enters its next phase of growth, the funding will refinance existing debt and support the company’s long-term growth strategy.
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