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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

Astral boasts markable growth in interim profit margins

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Integrated poultry producer Astral has reported a significant increase in its interim group operating profit to R1.2-billion underpinned by improved margins in the Poultry division, as well as operational efficiencies and disciplined cost management. Astral’s net operating margin increased to 10.2% in the six months ended March 31 owing to lower feed costs, compared with a net operating margin of 2.5% in the prior comparable six months.

Ramaphosa calls for 'sustained effort' to bridge SA's investment-to-growth gap

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President Cyril Ramaphosa on Monday emphasised that transforming investment pledges into large-scale growth and job creation takes time, noting that achieving the National Development Plan's target to raise gross fixed capital formation (GFCF) to 30% of GDP by 2030 will require “sustained, collective effort and productive” domestic investment. In his weekly letter to the nation, Ramaphosa highlighted that while recent infrastructure summits and the South Africa Investment Conference have yielded massive pledges, a significant gap remains between these promises and implementation.

Eskom, Rand Water to undertake two-month critical planned maintenance at water supply sites

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Water supply across Gauteng could possibly be impacted for nearly two months as State-owned power utility Eskom undertakes planned critical maintenance activities at water utility Rand Water’s Palmiet and Zuikerbosch sites. Simultaneously, Rand Water will leverage the opportunity to carry out its own planned maintenance work, the water utility said in a statement issued on Friday evening.

Exxaro opens new Mine 1 at Matla

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Diversified natural resources company Exxaro Resources has officially opened the new Mine 1 operation at its Matla coal mine, in Mpumalanga, following a strategic expansion to support continuous mining operations and meet the requirements of its coal supply agreement (CSA) with State-owned Eskom. As part of the expansion, the new Mine 1 operation has been successfully extended to ensure sustained operational efficiency.
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