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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

Standard Bank has joined Growthpoint’s renewable energy certification programme

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Standard Bank has joined the Growthpoint Properties renewable energy certification (REC) programme, the two groups announced in Monday. Under the REC programme, Standard Bank will be able to reduce its Scope 2 carbon emissions at 21 branches located in Growthpoint-owned offices and shopping malls in five provinces. “We previously demonstrated energy efficiency in our branch operations through the Net Zero Carbon (Measured) certification of four bank branches, the first such certificates issued by the Green Building Council of South Africa for bank branches in the country,” highlighted Standard Bank Group Real Estate Services Sustainability & Resilience Head Keith Cassie. “For these certifications, the allocation of renewable energy was pivotal with energy efficiency standards compliance having been confirmed, and this created latitude for further collaboration between landlords and tenants with shared environmental goals.”

Task team to be set up to oversee separation of TRIM from Transnet

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A technical task team will be established before year-end to finalise the approach to corporatising the Transnet Rail Infrastructure Manager (TRIM), which will involve its separation from the Transnet Group. Confirmation of the task team and the timeframe for its establishment are outlined in the latest Operation Vulindlela report for the second quarter.

TotalEnergies says Iran war could accelerate energy transition

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TotalEnergies sees potential for the war with Iran to accelerate the energy transition after a surge in electric vehicle sales in recent months, its sustainability chief said on Monday, though the trend will need to continue for it to revise its forecasts. CEO Patrick Pouyanne said the company still expects oil prices to peak sometime in the 2030s or 2040s, though he added that the company could not be more precise.

US to suspend South Africa and Rwanda from duty-free trade access

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The US intends to suspend South Africa and Rwanda from its flagship duty-free trade program for sub-Saharan Africa, its trade chief said on Monday, a move that would hit exports including South African auto parts, wine and Rwandan coffee. US Trade Representative Jamieson Greer said the two countries would be suspended from the African Growth and Opportunity Act (AGOA) from Jan 1, 2027, citing concerns about human rights, corruption and threats to US interests.
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