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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

New-vehicle sales continue to soar, but exports in third monthly decline

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South Africa’s new-vehicle market delivered its strongest April performance in 13 years, with domestic sales rising 13% year-on-year, to 47 979 units. According to data from naamsa | The Automotive Business Council, dealer activity remained the backbone of the market, accounting for 91.1% of total sales, followed by rental sales at 5.1%, corporate fleet sales at 2.2% and sales to government at 1.6%.

Aspen to release first commercial batches of locally-made human insulin

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JSE-listed Aspen Pharmacare has received approval from the South African Health Products Regulatory Authority and will start the release of the first commercial batches of human insulin manufactured for sale in South Africa, under a previously announced agreement with Novo Nordisk. The products were manufactured at Aspen’s sterile finished dose form manufacturing facility in Gqeberha, in the Eastern Cape.

Home Affairs opens public comment on proposed digital ID system

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Home Affairs Minister Dr Leon Schreiber has officially gazetted draft amended regulations under the Identification Act of 1997 for public comment, as plans to digitise the identity system expands. The proposed regulations aims to allow citizens to store, access, and use digital versions of their key identification documents directly on their smartphones.

Discovery Green inks 10yr PPA to supply Afrox’s Kuilsrivier ASU with renewable energy

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Industrial gases and welding products company Afrox has signed a ten-year power purchase agreement (PPA) with renewable energy trading company Discovery Green to supply renewable energy to Afrox's Kuilsriver air separation unit (ASU), in Cape Town. Discovery Green will provide the ASU with about 28 GWh/y of renewable electricity under the agreement, starting in April 2028, from a diversified portfolio of wind and solar assets across the Western Cape, Mpumalanga and the Free State.

Sustained Middle East conflict could push global insolvencies up by 10% this year

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Global business insolvencies are set to rise by 6% this year, on the back of a 6% rise in 2025, which would result in the fifth consecutive year of growing insolvencies, before plateauing at a high level in 2027, says trade credit insurance company Allianz Trade. However, a prolonged conflict in the Middle East would amplify insolvency risks.
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