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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

Rate cuts positive turn for South Africa households, however financial strain remains

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Despite some interest rate relief for South African households during the first half of 2025, financial pressures remain. While the Altron FinTech Household Resilience Index (AFHRI) for the second quarter of 2025 shows a healthy year-on-year improvement of 2.3%, a recovery assisted by modest declines in the prime rate, the average yearly increase in the financial resilience of households since the Monetary Policy Committee’s interest rate hiking cycle started is “barely above zero”.

Eskom cuts R1.6bn claim down to R580-million in final Kusile settlement

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State-owned utility Eskom has confirmed the successful resolution of a long-standing commercial dispute that began in 2022, with the Stefanutti Stocks Basil Read (SSBR) joint venture (JV) relating to the buildings contract at the Kusile power station, in Mpumalanga. The resolution follows the completion of the formal Dispute Adjudication Board (DAB) process for Claim 5, which is a standard mechanism used on large infrastructure projects to resolve complex contractual claims.

Daimler Truck enters second fuel-cell trial as it prepares for series production

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Following the initial customer trials of its Mercedes-Benz GenH2 Trucks, Daimler Truck is now preparing its fuel-cell trucks for series production based on real-world customer requirements. This project will see five companies, Hornbach, Reber Logistik, Teva Germany, Rhenus and DHL Supply Chain, each deploy a Mercedes-Benz GenH2 Truck on their regular logistics routes within Germany.

Tiger Brands annual earnings jump 31% on strong volume growth

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Tiger Brands reported a 31% rise in full-year earnings on Wednesday, driven by strong volume growth and improved operating margins despite muted consumer spending. The owner of Jungle Oats and Koo baked beans said its headline earnings per share from continuing operations, a key profit measure in South Africa, rose to R21.41 in the year ended September 30, up from a restated R16.31 a year earlier.

Japan considering helping South Africa finance energy reform

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Japan is in talks with South Africa over potentially helping the country finance the reorganisation of its energy sector. The funding, if implemented, would add to the as much as $150-million lent to the state-owned Development Bank of Southern Africa by Japanese institutions late last year for the funding of renewable energy projects.
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