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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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Absa manufacturing confidence index down to 27 points in the third quarter

Business confidence in the manufacturing sector deteriorated by four index points quarter-on-quarter to 27 in the third quarter of the year, as weak domestic demand, deteriorating export activity and persistent economic uncertainty continued to weigh on business performance, financial services firm Absa’s Manufacturing Survey for the third quarter shows. Domestic sales remained muted for a third consecutive quarter, while export sales declined by a further six index points compared. Domestic orders also retreated by seven index points and export orders by five index points, while capacity underutilisation increased, which points to greater spare capacity in the sector.

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