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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

Local government expenditure expected to exceed revenue for next three years - Treasury

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National Treasury has published the 2025/26 Medium Term Revenue and Expenditure Framework (MTREF) operating and capital budgets of municipalities, which shows that the aggregated budgeted revenue for 2025/26 is R675.8-billion, which is expected to increase to R712.6-billion in 2026/27 and R753.5-billion in 2027/28. However, total municipal expenditure in 2025/26 is estimated to be R698-billion, which exceeds the budgeted revenue for that period, increasing to R728.3-billion in 2026/27 and R764-billion in 2027/28, which also exceed the budgeted revenue for those periods.
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