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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

Outa says second extension of Sanral board’s tenure hampers governance

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Civil society organisation the Organisation Undoing Tax Abuse (Outa) says the second extension of the tenure of the board overseeing the State-owned South African National Roads Agency Limited (Sanral) for a further two years indicates that what should have been a short, caretaker measure has become standard practice, which has consequences for governance. The current Sanral board had previously had its tenure reinstated for a second three-year stint, which had been the first extension.

Nelson Mandela Bay water crisis deepening as maintenance efforts fall short – business chamber

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The Nelson Mandela Bay Business Chamber has relaunched its Adopt A School initiative in reaction to “the rapid and ongoing loss of water in the metro”, which it says “is once again edging towards a potential water management crisis”. The overall levels of the dams feeding the metro have dropped below the critical 50% mark, with only 39.75% of usable water currently available.

Global supply chains enter era of structural volatility – WEF

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Global value chains have entered an era of structural volatility and nearly three in four business leaders now prioritise resilience investments, with 74% viewing resilience as a driver of growth, says international finance organisation the World Economic Fund (WEF). This is forcing companies and governments to reevaluate how and where they invest and produce, the WEF 'Global Value Chains Outlook 2026: Orchestrating Corporate and National Agility' report states.

New African defence exhibition, set for October, formally launched in Nigeria

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The launch of the first ever Africa International Defence Exhibition (AFRIDEX) has been officially announced. The event will be held from October 26 to October 29 this year at Eko Atlantic, Victoria Island, Lagos, Nigeria. The announcement was jointly made by the Nigerian Federal Ministry of Defence, the Defence Industries Corporation of Nigeria (DICON) and exhibition organiser dmg events. “This event represents a significant step in advancing defence cooperation and industrial growth across Africa,” affirmed federal Defence Minister Dr Bello Matawalle. “Nigeria is committed to strengthening its defence capability and supporting wider regional progress. By hosting [AFRIDEX], we are creating an important environment for collaboration, innovation and partnership that will support security and stability across the continent.”
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