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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

Sibanye-Stillwater’s South Africa platinum earnings up 213%, gold earnings up 177%

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The significant leverage of Sibanye-Stillwater to precious metals prices is clearly illustrated by the skyrocketing of its South African gold and platinum group metals (PGMs) earnings in the three months to September 30. The third-quarter earnings before interest, taxes, depreciation and amortisation (Ebitda) of the local PGM operations of this Johannesburg- and New York-listed mining major rose by 213% to R5-billion and the third-quarter Ebitda of South Africa gold operations were a 177%-higher R3.7-billion year-on-year.

ATNS, CEO agree to part ways

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State-owned Air Traffic and Navigation Services (ATNS) has announced that it and CEO Nozipho Mdawe have agreed to end their working relationship, with effect from October 31 – well ahead of the expiry of her five-year contract. Mdawe had been on special leave since March, amid an independent investigation by a law firm into the challenges facing the aviation sector in South Africa and, in particular, the role of ATNS and the CEO.

Boeing settles with families of three 737 MAX crash victims

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Boeing has reached settlements in three lawsuits brought by the families of victims who died in the March 2019 crash of an Ethiopian Airlines Boeing 737 MAX, the attorney representing the families announced Wednesday. A jury had already been selected for one of the cases at the US District Court in Chicago. The terms of the settlements were not released.

Vodacom revises H1 earnings

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JSE-listed Vodacom Group on Thursday published an updated trading statement, adjusting its earnings expectations for the six month to September 31. Vodacom said that subsequent to the release of its October 31 trading update, the group recognised a one-off cost and revised its earnings expectations.

Vodacom settles 17-year 'Please Call Me' legal dispute

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Telecoms group Vodacom said on Wednesday it had reached an out-of-court settlement in a dispute with a former employee over his role in creating the company's call-back messaging service. The legal battle over the "Please Call Me" service has dragged on for about 17 years, reaching South Africa's highest court.
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