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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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Tongaat BRPs apply for provisional liquidation after collapse of Vision transaction

The business rescue practitioners (BRPs) of sugar producer Tongaat Hulett have reported that, after exhausting all reasonable endeavours, they have applied to the High Court of South Africa KwaZulu-Natal division for an order discontinuing the company’s business rescue proceedings and placing Tongaat into provisional liquidation. The decision was taken as the business rescue plan was no longer implementable as a result of the lapsing of the sale agreements with Vision Group.

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