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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

ACTOM unveils revitalised transformer factory in Pretoria

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Electromechanical equipment manufacturer ACTOM has unveiled a revitalised transformer production and testing facility in Pretoria. The 40 000 m2 site previously served as a factory for Powertech Transformers’ SGB-SMIT Power Matla subsidiary, which entered into business rescue in September 2023 owing to financial distress.

Infrastructure focus could spark long-awaited construction revival but obstacles persist

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South Africa’s construction and infrastructure sector enters 2026 with a rare window of opportunity. The Medium-Term Budget Policy Statement (MTBPS), delivered by Finance Minister Enoch Godongwana in October, sets out a decisive, albeit fragile, pivot towards rebuilding the country’s economic base by shifting the composition of public spending away from consumption and towards capital investment. The National Treasury’s insistence on restoring fiscal discipline is paired with an equally strong ...

Sappi, UPM propose combining their European graphic paper businesses

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Paper and pulp manufacturer Sappi and Finland-based material solutions company UPM-Kymmene Corporation have signed a nonbinding letter of intent to combine their European graphic paper businesses into a non-listed, independent 50:50 joint venture (JV). By consolidating the assets, the JV aims to deliver at least €100-million in yearly synergies, strengthen supply security for customers and improve industry resilience.

Menlyn Office Park redevelopment begins with R850m housing project

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Construction has begun on an R850-million residential redevelopment at Menlyn Office Park in Pretoria, Gauteng, which will add 1 200 apartments to the Menlyn node through a new partnership between Pareto and Divercity Property Group. The two companies broke ground after Pareto concluded a competitive request for proposals process that selected Divercity as its residential development partner.
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