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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

Potential for aftermarket to play a key role in auto localisation – RMI

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South Africa’s localisation ambitions must extend beyond the manufacture of new vehicles to include the retail and automotive aftermarket, says Retail Motor Industry Organisation (RMI) CEO Ipeleng Mabusela. Speaking at the South African Auto Week 2026, held in Durban last week, he said that these markets represented a substantial economic base, while it also supported hundreds of thousands of jobs and offered opportunities to strengthen local component manufacturing.

Afrimat’s revenue falls, but group cuts debt, grows aggregates business

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Multicommodity, midtier mining and materials company Afrimat faced its most challenging trading conditions since it listed in 2006, during the six months to August 31, with revenue having decreased by 4.3% year-on-year to R5.1-billion, mainly owing to lower revenue in the iron-ore and cement businesses, but partly offset by growth in the aggregates business and higher anthracite export volumes, group CEO Andries van Heerden says. He points out that an “excellent” performance from the aggregates business was hampered by a decline in the profitability of the iron-ore business and continued operational challenges in cement.

SARS welcomes revised 2026 revenue estimate, expresses support

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South African Revenue Service (SARS) commissioner Dr Johnstone Makhubu has welcomed the revised revenue estimate of R2.14-trillion announced by Finance Minister Enoch Godongwana in the Medium-Term Budget Policy Statement (MTBPS) on October 21. The revised estimate indicates an increase of R17.1-billion compared with the R2.13-trillion Budget estimate in February.
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