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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

Oceana reports steady revenue, increased operating profit

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JSE-listed fishing company Oceana says its revenue for the 11 months to August 31 was in line with that of the 11 months to August 31, 2025, while operating profit increased, driven by improved performances from Lucky Star foods, fishmeal and fish oil (US) and Wild caught seafood, and partly offset by continued pressure in the fishmeal and fish oil (Africa) segment, where lower production and sales volumes resulted in a significant operating loss. In a trading statement, the company says its Lucky Star foods division delivered mixed results for the period, with a strong first half followed by a subdued second half through to the end of August.

Veolia, Norfund to help AMSA develop resource efficiency projects

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Steel producer ArcelorMittal South Africa (AMSA), environmental services company Veolia and Norwegian developing country investment fund Norfund have entered into a development agreement to advance a portfolio of practical, investable energy, water and resource-efficiency projects across AMSA’s operations. The structured project development programme aims to convert identified decarbonisation and resource efficiency opportunities into technically sound, commercially viable and potentially bankable projects.

Aveng appoints CEO designate

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JSE-listed Aveng has reported that David Simpson will be stepping down from his role as interim CEO to make way for CEO designate Fraser Wyllie, who is set to begin his tenure on October 1. The announcement comes amid Aveng’s efforts to continue bolstering its operational performance and remain profitable.

Afrimat Construction Index moves up 5% in the second quarter

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The second-quarter Afrimat Construction Index (ACI) has recorded a 5% quarter-on-quarter increase, outperforming the country’s GDP by a considerable margin. Economist Dr Roelof Botha, who compiles the quarterly index on behalf of Afrimat, says even though the index’s year-on-year increase of 0.7% was marginally lower than the 0.9% increase in GDP, it is encouraging that employment in the construction sector has increased by 95 000 since the second quarter of 2025.

SA Canegrowers vexed about retailers not sticking to 'buy local' commitment

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Industry body SA Canegrowers says retailers are not honouring their commitment to purchase South African-produced sugar, which puts rural livelihoods at risk. South Africa’s retailers and food and beverage manufacturers previously made a promise: to buy sugar produced in South Africa. However, SA Canegrowers' analysis of data on local sugar sales, and evidence on local retail shelves, show that they are not delivering on this commitment, at the expense of South African livelihoods. 
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