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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

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PIC, Balwin founders launch bid to take the property developer private

A consortium comprising the Public Investment Corporation (PIC) and founder investors of JSE-listed Balwin Properties, has made a firm offer to acquire all shares in the specialist large-scale residential property developer at R4.35 a share, valuing Balwin at about R2.26-billion. If the transaction is concluded, Balwin's shares will be delisted from the JSE and A2X. Balwin states that the offer gives eligible shareholders the opportunity to realise cash value at a premium to recent trading levels, with the offer price representing a 41% premium to Balwin's volume-weighted average price (VWAP) over the 180 trading days prior to the announcement. The premium on the 90-day VWAP is 35%.

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