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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

Online constitutes 10% of all retail sales in South Africa

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The share of retail sales that are completed online has risen to 10% of all retail sales, and online retail is expected to grow by 22.5% to R159-billion this year, compared with 2025, when the share of online retail sales was R130-billion. Although the growth is less than the 35% growth between 2024 and 2025, this figure still represents a significant quantum of growth. The expected R29-billion increase in turnover from online sales this year is almost as large as South Africa’s entire online retail market in 2020, when sales totalled about R30.2-billion, technology research company World Wide Worx MD and principal analyst Arthur Goldstuck revealed on September 2.

Eskom RT&D Centre positioned as engine for energy innovation, industrialisation

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State-owned power utility Eskom’s Research, Testing and Development (RT&D) Centre, in Rosherville, Johannesburg, is being positioned as a critical national asset for developing technologies that can support South Africa’s energy transition, strengthen energy security and contribute to broader industrialisation. During a high-level engagement held on September 2, Eskom CEO Dan Marokane, RT&D GM Prudence Madiba and Electricity and Energy Minister Dr Kgosientsho Ramokgopa highlighted the growing importance of translating the utility’s energy sustainability research into practical technologies that can be deployed across the electricity sector and wider economy.

RMB/BER Business Confidence Index stabilises after second-quarter setback

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The Business Confidence Index (BCI) published by financial services firm RMB and economic research organisation the Bureau for Economic Research (BER) edged down by one point to 38 in the third quarter, slightly down from the 39 recorded in the second quarter. The index indicates that this level of confidence implies that 62% of respondents remain dissatisfied with prevailing business conditions.
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