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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

Better procurement strategy can expand South Africa's industrial base

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With smarter localisation, clearer procurement rules and a more deliberate industrial strategy, public spending could again become a powerful engine for rebuilding factories, expand supply chains and restore confidence in South Africa as a manufacturing country, public and private professionals say. Localisation is not about closing the economy, but about using the State’s buying power to build a stronger, more competitive manufacturing base that can serve domestic and export markets, says electromechanical equipment manufacturer ACTOM Group CEO Mervyn Naidoo.

PRO Alliance, ARO, SAWPA collaborate to register, compensate waste pickers

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Member organisation the PRO Alliance, mass-based democratic organisation the African Reclaimers Organisation (ARO) and registered waste pickers organisation the South African Waste Pickers Association (SAWPA) have announced a collaboration that aims to integrate tens of thousands of waste pickers into the formal recycling economy. Facilitated and partially funded by the Fair Circularity Initiative (FCI) to fast-track waste picker integration in South Africa, the Waste Picker Integration Project will support producer responsibility organisations (PROs) in overcoming critical systemic challenges.

South Africa's financial resilience built up by fiscal reforms; broader reforms must continue ...

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The resilience shown by the South African economy since re-escalation of the US-Israel and Iran war, with the rand holding up better than it has during past global shocks, is a direct result of a deliberate build-up of policy credibility, says business organisation Business Leadership South Africa (BLSA) CEO Busisiwe Mavuso. This build-up includes a lower inflation target, a primary budget surplus that has been widening since 2023/24 after 15 years of deficits and a planned fiscal trajectory that will see government debt peak at 78.9% of GDP this year before falling towards 75% by the end of the decade, she points out in her latest weekly newsletter.

National Water Access Acceleration Programme officially launched

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South Africa has launched the National Water Access Acceleration Programme, through the decentralised water supply schemes, amid the need to expand access to safe and reliable water to underserved communities across South Africa. The National Water Access Acceleration Programme is designed to fast-track practical, sustainable and fit-for-purpose water solutions, with the aim of expanding access to safe and reliable water services for unserved and underserved communities across the country.

Lawfulness of temporarily withholding equitable share from 69 municipalities scrutinised

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The National Treasury’s temporary withholding of the transfer of the July equitable share funds to 69 municipalities came under intense scrutiny in Parliament on Friday, where questions were raised about the lawfulness of the intervention. On July 7, the National Treasury announced the withholding decision, which it said had been taken in terms of Section 216(2) of the Constitution, read with Section 38 of the Local Government: Municipal Finance Management Act 56 of 2003.
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