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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 withdraws AI policy due to fake AI-generated sources

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South Africa has withdrawn its first draft national AI policy after revelations that it contained fictitious sources in its reference list which appeared to have been AI-generated. "The most plausible explanation is that AI-generated citations were included without proper verification. This should not have happened," Minister of Communications and Digital Technologies Solly Malatsi said.

South Africa plans exchange control revamp to attract billions in investment

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South Africa has proposed a sweeping overhaul of its decades-old rules governing money flows, including tightening its control on crypto assets, seeking to bolster its position as a financial hub for Africa and attract more investor capital. The finance ministry's proposals include raising discretionary offshore allowances for individuals, regulating crypto assets and easing capital-flow restrictions.

Ramokgopa welcomes inauguration of Envusa's R15bn Koruson 2 cluster of renewables projects

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Envusa Energy – a joint venture between diversified miner Anglo American and EDF Renewables – has inaugurated its flagship 520 MW Koruson 2 (K2) cluster of renewable energy projects in the Eastern Cape. Electricity and Energy Minister Kgotsientsho Ramokgopa told attendees at the official inauguration ceremony on April 24 that this reflected government's goal of growing private sector investment in the country.

AASA urges Southern African airline industry to be transparent about jet fuel supply plans

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Industry organisation the Airlines Association of Southern Africa (AASA) calls on fuel suppliers, depots, airports and governments in the region to urgently share their contingency fuel allocation and distribution plans with the aviation industry. There is a lack of clarity around the availability of jet fuel across the Southern Africa Development Community (SADC) region beyond May, says AASA CEO Aaron Munetsi.

Mondi reports challenging trading conditions, rising material costs

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In a trading update for the three months to March 31, JSE-listed packaging and paper company Mondi reports earnings before interest, taxes, depreciation and amortisation (Ebitda) of €212-million, down from Ebitda of €214-million for the three months to end December 2025. Market conditions in the first quarter of the year remained challenging. Significantly heightened geopolitical tensions in the Middle East further increased volatility in an already complex operating environment, the company points out.
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