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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

IDC to become Vision shareholder as agreement reached to rescue Tongaat

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The business rescue practitioners (BRPs) of Tongaat Hulett have reached an agreement with the Industrial Development Corporation of South Africa (IDC) and the Vision Group of companies to preserve Tongaat Hulett’s business rescue, maintain trading operations and support implementation of the approved business rescue plan. This agreement will see the IDC become a significant shareholder in Vision companies across South Africa, Zimbabwe, Mozambique and Botswana, while extending post-commencement finance (PCF) support to Tongaat Hulett to the end of September.
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