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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

LSF study shows potential to increase locally-made bus content to 50%

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The Localisation Support Fund (LSF) has released its 'South African Bus Manufacturing Industry Development Study', which shows that enforcing existing local content requirements, group municipal buying and targeted incentives can lift local content from about one-third of each bus to as much as 50%. Prepared by professional services firm Ernst & Young in collaboration with industry organisation naamsa | The Automotive Business Council, the study states that South Africa’s bus industry does not need new policy to thrive, but needs the rules that already exist to be applied consistently.

Bus industry asks Creecy to help find solutions to impact of high fuel prices

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Industry organisation the Southern African Bus Operators Association (Saboa) has approached Transport Minister Barbara Creecy to discuss responses to the record-high fuel prices that are impacting on the bus and coach industry. Saboa Gauteng provincial chairperson Eric Motshwane, during a Saboa conference on October 14, said high fuel costs were the most challenging problem facing the industry, as fuel constituted a significant portion of bus operators' operating costs.

Western Cape seeks 1 000 new exporters; steps into EU markets as US exports fade

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The Western Cape government aims to add 1 000 new exporters to its current portfolio of 8 000 registered exporters by 2035. The Western Cape Export Strategy 2035 sets a number of targets, in fact. It aims to grow exports to R408-billion a year (from R136-billion in 2020), and to add more than 200 000 new jobs from increased exports nine years from now.

Diesel shortages could persist well into 2027, IEA says

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Tight diesel supplies could persist well into next year as conflicts curb output from the Middle East and Russia, while record high prices spur stock drawdowns ahead of peak winter demand, the International Energy Agency said on Wednesday. Diesel refining margins, the fuel's premium to underlying crude oil, soared to record highs of almost $95 per barrel in September, as reduced refining capacity caused by attacks on energy infrastructure linked to the Iran and Ukraine wars hit production.
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