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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

Ten years at the wheel, Toyota boss gears up for yet more change

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Toyota South Africa Motors (TSAM) president and CEO Andrew Kirby this year marks a decade in the driver’s seat at the country’s best-selling vehicle brand. (Toyota has, in fact, been South Africans’ favourite car brand for 46 years running.) When Kirby took charge of the Japanese subsidiary in 2016, the automotive industry was a very different place, both globally and on the domestic front.

South Africa delays RFP for $1bn inaugural private grid procurement to 2027

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The South African government has announced a delay to Phase I of the country’s inaugural independent transmission projects (ITP) procurement programme, indicating that the final request for proposals (RFP) is now targeted for release in the second quarter of the 2027 calendar year. The Department of Electricity and Energy and the National Treasury, which are driving the procurement being implemented through the Independent Power Producer Office, have previously indicated that the RFP would be released by no later than the third quarter of the 2026 calendar year.

High fuel prices weighed heavily on South Africa’s second-quarter GDP – TIPS

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South Africa's non-agricultural GDP contracted by 0.2% in the second quarter, ending four quarters of growth. This slowdown was primarily owing the extraordinary global spike in petrol and diesel prices following the start of the US-Israeli and Iran war at the end of February, says economic research institution Trade and Industrial Policy Strategies (TIPS).

Riversdale secures independence from Eskom as it unveils solar plant

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The Western Cape town of Riversdale has secured energy independence from State-owned power utility Eskom with the opening of a 10 MWp solar PV plant capable of generating up to 15-million kilowatt-hours a year. The R210-million renewable project, funded by the Western Cape government and the Hessequa municipality, includes a battery energy storage system with a storage capacity of 10 MWh, as well as a monitoring and control systems for performance tracking and optimisation.

Absa PMI rises above the neutral 50-point mark, but employment subindex reverses gains

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Financial services firm Absa's Purchasing Managers’ Index (PMI) rose by 4.9 points to 50.7 index points in September, returning to above the neutral 50-point mark after three consecutive months in contractionary territory. The new sales orders index rebounded sharply and moved back above the neutral mark, while business activity recovered most of August’s steep decline.
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