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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

Hospital-level care can be delivered at home, says Discovery Health

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Hospital-level care can be delivered safely and meticulously in the comfort of a patient’s home, and many events requiring hospital-level care can be managed as effectively in the home setting as in a hospital when enabled by cutting-edge remote monitoring technology, says Discovery Health CEO Dr Ryan Noach. The company has partnered with US biotechnology company Biofourmis to provide the Hospital at Home solution to all Discovery Health Medical Scheme members since January 2022.

South Africa gets another unsolicited bid for a Telkom deal

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The South African government received an unsolicited bid for its 40.5% stake in Telkom, following an announcement that MTN Group is planning to acquire part of the carrier. Investment firm Toto Consortium made an offer valued at $433-million for the stake in the nation’s third-largest mobile-phone company, according to Bloomberg calculations. The Telkom bid is based on a 30-day average share price of the firm, plus a 20% black empowerment discount, according to an offer letter seen by Bloomberg.

Stillwater repositioned for delivery through commodity cycle

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Prevailing macro-environment challenges and changing palladium market conditions have prompted a strategic revision of Sibanye-Stillwater’s United States platinum group metals (PGM) operations, which in June suffered a one-in-200-year flood at Stillwater, in the Montana region. These challenges and conditions are now being factored into the US business of the Johannesburg- and New York-listed company to come up with an optimum commercial position. (Also see attached Creamer Media video.)

Cape Town readies battery storage, ‘dispatchable IPP’ procurement programmes

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The City of Cape Town, which is in the process of procuring up to 200 MW of renewable energy from independent power producers (IPPs), expects to initiate a utility-scale battery energy storage system (BESS) programme in 2023. It is also working on the design of a so-called ‘dispatchable IPP programme’ that could deliver first power in 2026 as part of a broader strategy to improve security of supply and mitigate against intensifying load-shedding.

Fishing communities welcome enviro dept’s Karpowership decision

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Civil society and environmental organisation The Green Connection reports that fishers in the Saldanha Bay, Coega and Richards Bay region were vindicated in their fight to protect their livelihoods against potential environmental damage if ship-borne power stations of Turkey-based powership company Karpowerships was permitted to operate in the area. The Green Connection says fishers were legitimately concerned about the negative impacts these ships would have on the ocean, and that Forestry, Fisheries and the Environment Minister Barbara Creecy made the right decision in declining Karpowership’s appeal application against its failure to get environmental authorisations to operate in Saldanha Bay, Coega and Richards Bay.
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