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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

CSIR playing key role in international Southern Ocean carbon data project

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The Southern Ocean-focused Constraining Carbon with Optimised Observing (COCO2) research project, which unites researchers in South Africa, Australia and the US, is now under way and will soon be delivering data to the South Africa-based Southern Ocean Carbon Climate Observatory (SOCCO). The institutions involved in the project are the Council for Scientific and Industrial Research (CSIR), which hosts SOCCO, Australia’s Commonwealth Scientific and Industrial Research Organisation, the US ...

Civil construction business sentiment remains weak

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The First National Bank (FNB)/Bureau for Economic Research (BER) Civil Confidence Index decreased to 40 in the third quarter, from 43 in the second quarter, with 60% of respondents dissatisfied with prevailing business conditions. The index measuring activity growth declined to its worst level since 2022, underpinning the softer sentiment reading, FNB and the BER state.

South Africa's foreign direct investment inflows pick up in the second quarter

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South Africa recorded foreign direct investment inflows of R49.8-billion in the second quarter, up from R20.3-billion in the previous quarter, the central bank said on Tuesday. The South African Reserve Bank said in its Quarterly Bulletin that the higher inflows were due to a local telecommunications company receiving debt funding from a non-resident parent company. It did not disclose which company because the transaction was not public.

Kganyago outlines challenges, opportunities for South Africa in current climate

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The world needs to contend with a new, “fragile”, reality – while the world economy and trade continue to grow, debt levels and geopolitical stresses are undeniable and risks are increasing, which could lead to a crisis.   For South Africa, this requires a situational awareness to understand these new circumstances and a pragmatic energy to identify potential growth opportunities and capitalise on them.

UJ, SAMCT launch R2.5m mobile optometry clinic

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The University of Johannesburg (UJ), in partnership with nonprofit organisation the South African Muslim Charitable Trust (SAMCT), has launched a new R2.5-million, fully equipped mobile optometry clinic, designed to deliver comprehensive eye care directly to communities. Unlike a conventional screening vehicle, the mobile clinic is equipped for comprehensive eye examinations and ocular health assessments. It incorporates a fully integrated spectacle-cutting laboratory, allowing for lenses to be edged and glazed on site.
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