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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

South Africa poised for strongest-ever year of IPP additions after record first half

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South Africa remains on track for a record year of renewables additions this year, new research by the Power Futures Lab at the UCT Graduate School of Business has confirmed. A briefing note written by Olakunle Alao and Wikus Kruger states that 17 independent power producer (IPP) projects with a combined capacity of 1 920 MW entered into commercial operation in the first six months of 2026.

National Water Action Plan must prioritise technical skills, says Cesa

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In the wake of the release last month of the National Water Action Plan (NWAP) by President Cyril Ramaphosa, Consulting Engineers South Africa’s (Cesa) has warned that infrastructure investment and institutional reform will only deliver results if South Africa urgently closes the technical skills gap in its water and wastewater sector. In line with this, the organisation is calling on national and provincial governments, municipalities, water boards and the private sector partners implementing the NWAP to incorporate structured, ongoing technical training into all phases of the rollout, from the immediate stabilisation of failing systems to the long-term institutional reforms the National Water Crisis Committee (Watercom) has been mandated to drive.

Ramaphosa calls for common market in SADC to develop industries

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The 16 Southern African Development Community (SADC) countries, with a combined population of nearly 400-million people, have abundant natural resources, a youthful population and the means to produce everything that its people need, says South African President Cyril Ramaphosa. SADC needs to create a dynamic common market in which countries trade. No country in the region can build an integrated power system, develop cross-border corridors, manage shared water resources or withstand the full force of climate change on its own.

South Africa to finalise rules for R150tr OTC derivatives market by 2028

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South Africa’s financial regulators plan to finalise new rules requiring over-the-counter (OTC) derivatives to be centrally cleared in the next two years to improve transparency and reduce risk. “It is envisaged that the final rules will come into effect by 2028,” the South African Reserve Bank said in an emailed response to Bloomberg questions. “However, the ability of market participants to comply with the OTC central clearing rules will be subject to the licensing and operationalisation of an appropriate central counterparty.”
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