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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 has taken responsibility for the country’s pharmaceutical innovation cluster

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Responsibility for the second phase of the national Active Pharmaceutical Ingredient (API) Innovation Cluster has been officially given to the Council for Scientific and Industrial Research (CSIR). APIs were the core components of medicines which directly produced the intended therapeutic effects. The role of the cluster was to develop and commercialise technologies for the production of small-molecule APIs.   “Central to our mandate is the expectation that our work must foster industrial development and contribute to the creation of a capable state which helps address socioeconomic challenges facing our country,” pointed out CSIR CEO Dr Thulani Dlamini. “In a world characterised by rapid technological change, no single institution can address complex national challenges such as health on its own. Meaningful and timely impact can only be achieved through partnerships that harness complementary expertise, infrastructure and collective ambition.”

PIC needs overhaul of how it is governed, as Mpati Commission recommended in 2020 – Mavuso

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The State-owned Public Investment Corporation (PIC) requires a fundamental overhaul of how it is governed, as it faces the same institutional flaws as large State-owned enterprises did before their reform, says business organisation Business Leadership South Africa CEO Busisiwe Mavuso. During the week of August 3 to 7, the Gauteng High Court overturned the suspension of PIC CEO Patrick Dlamini, ruling that the board that suspended him lacked the authority to do so, as only the Finance Minister holds that power.

NUM to oppose Eskom unbundling in court; threatens strike action

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Labour union the National Union of Mineworkers (NUM) says its legal team is preparing to take formal court action to challenge the decision to establish an independent transmission system operator (TSO). President Cyril Ramaphosa approved the Eskom Restructuring Task Team (ERTT) Phase I Report on July 31.

Vodacom names Khumo Shuenyane as new chair

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Vodacom on Wednesday named Khumo Shuenyane as its chair starting July 2027, replacing Saki Macozoma, who will retire after his ten-year tenure. Vodacom has a self-imposed tenure of ten years for board members, the mobile operator said.

TRIM tests market appetite for branch-line concessions

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A new market testing exercise has been initiated to assess interest in partnership opportunities across South Africa’s railway branch lines for freight and passenger trains. This so-called B-Network involves some 9 098 km of lines that connect to the core rail network, but which are characterised by low freight volumes and/or small-scale passenger or tourism services.
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