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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

ArcelorMittal, IDC end exclusive South Africa talks with no deal

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ArcelorMittal’s exclusive talks with South Africa’s biggest development finance institution regarding its potential sale of its local steel operation have ended without a deal, leaving the company free to seek other investors. An informal proposal of about R8.5-billion from South Africa’s Industrial Development Corporation (IDC) made to the Luxembourg-based steelmaker hasn’t broken the impasse, people familiar with the situation said. Talks are continuing about a possible gradual takeover of ArcelorMittal South Africa, or AMSA, the people said, asking not to be identified because the company hasn’t made a public statement.

South Africa starts trial of first self-made vaccine in 50 years

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South Africa started a clinical trial for its oral cholera inoculation, the first developed from scratch locally in 50 years as President Cyril Ramaphosa has joined continent-wide calls for growing vaccine self-sufficiency. Less than 1% of the world’s vaccines are made in Africa, even as infectious diseases are the leading cause of death on the continent, especially in children younger than five. Only a handful of African countries have vaccine-production facilities, with South Africa and Senegal the sole nations in the region with capacity to make them from start to finish. If the trial is successful, the Biovac Institute — a partly State-owned developer — will sell the vaccine from 2028. Recent global outbreaks of the diarrhoeal disease have raised demand for inoculations.

Mossel Bay bulletproofs Hartenbos waste water plant with solar, microgrid project

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The Mossel Bay municipality has cut the ribbon on the Hartenbos Waste Water Treatment Works solar PV plant and microgrid project. Developed in partnership with Solareff and Element Consulting Engineers, the hybrid, grid-tied microgrid is designed to ensure uninterrupted power supply to the wastewater treatment facility, up to and including Stage 6 loadshedding.

South Africa’s biggest optical telescope has celebrated 20 years of operation

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The Southern African Large Telescope (SALT), located at the South African Optical Observatory (SAAO) complex at Sutherland, in the Northern Cape province, celebrated its twentieth anniversary on Monday. Authorised in 1998, when the then South African government committed $10-million in funding for it, completed and opened in 2005, and starting full scientific operations in 2011, SALT was the largest optical telescope in Africa and one of the most powerful in the world. (SAAO is a national facility of the National Research Foundation (NRF).)

South Africa's official unemployment rate dips in third quarter

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South Africa's unemployment rate fell slightly in the third quarter of this year, as jobs were added in construction, social services and trade, the statistics agency said on Tuesday. The official jobless rate stood at 31.9% in July-September, down from 33.2% in April-June. Unemployment rose above 30% five years ago during the Covid-19 pandemic and has been stuck there since, despite repeated government initiatives to try to boost job creation. Six of the 10 industries tracked by Statistics South Africa recorded employment gains in the third quarter, while four saw decreases. The most jobs were added in construction (130 000 jobs), community and social services (116 000) and trade (108 000).
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