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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

Structural, financial deficiencies in metros actively restricting economic growth – City Risk ...

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South Africa’s major municipalities are facing severe financial pressure, driven by an inability to manage debt, crumbling infrastructure, and a crippling lack of long-term administrative planning. This is according to Independent Consultancy, the Paternoster Group’s City Risk Monitor, which recently assessed nine of South Africa’s ten major municipalities –including the eight metropolitan metros alongside Polokwane and Mbombela. Speaking to Polity.org, Paternoster Group founding partner Lawson Naidoo warned that structural and financial deficiencies are actively restricting economic growth and weakening investor confidence. The model evaluated four critical risk areas: financial sustainability; infrastructure and services; the development environment; and political/institutional risk. The findings show that the core infrastructure that residents and businesses depend on is failing.

Redefine launches first purpose-built solar wheeling project in Cape Town

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JSE-listed real estate investment trust (Reit) Redefine Properties has launched a R106-million purpose-built municipal solar wheeling project in Cape Town, in the Western Cape, transforming the Massmart Distribution Centre in Brackengate into a clean energy generation hub serving multiple assets across its portfolio. The project generates 9 889 MWh/y of renewable energy, which is wheeled through the City of Cape Town’s municipal grid to power Kenilworth Centre, Blue Route Mall and The Towers Office precinct.

South Africa needs to be ready to use climate forecasts effectively for water security

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As South Africa enters the 2026/27 summer rainfall season with an increased risk of drier and hotter conditions, the Water Institute of Southern Africa (WISA) posed the question: does the country have the professional capacity to turn climate warnings into timely decisions that protect its water security? While South Africa’s weather forecasts are not a guarantee of drought in every region, they do indicate increased risk and reinforce the need to prepare before water shortages place additional pressure on communities, agriculture and businesses.

FNB, WesBank, RMB launch energy for businesses company

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Financial services firms FNB, WesBank and RMB have launched the nav.energy business that provides an integrated renewable energy platform that is designed to simplify how South African businesses access, finance and implement renewable energy solutions. As businesses increasingly seek greater energy resilience, cost certainty and sustainability, renewable energy adoption can be complex, requiring organisations to navigate a range of technical, financial and operational considerations.

South Africa must prepare for potential loss of US trade benefits, Ramaphosa says

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President Cyril Ramaphosa said on Monday that the country must prepare for its potential exclusion from the United States' duty-free trade initiative, the African Growth and Opportunity Act (AGOA), as relations between Washington and Pretoria have soured. AGOA gives eligible African countries duty-free access to the US market for thousands of products. South Africa has benefited from it for years.
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