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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

National Planning Commission report shows capital build-up without reinvestment in gross fixed ...

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A new report by the National Planning Commission (NPC) shows that there is a significant build-up of capital in the economy that is not being reinvested in gross fixed capital formation (GFCF), but which needs to be circulated through transactions to drive growth and development. 'The Transformation of South Africa's Monetary Architecture 1983 - 2024' report assesses South Africa’s monetary architecture, which is the interconnected web of public, private and hybrid balance sheets that channel credit, allocate capital and govern investment.

New report outlines benefits for companies from green economy, includes advice for CEOs

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The green economy has reached $5-trillion a year and is on track to exceed $7-trillion within the decade, a new report, ‘Already a Multi-Trillion-Dollar Market: A CEO Guide to Growth in the Green Economy’, shows. The World Economic Forum’s (WEF’s) report, developed in collaboration with the Boston Consulting Group, indicates that, despite economic uncertainty and diverging environments, investment in green technologies continues to reach record highs.

Engineering execs warn that policy failures, weak accountability are deepening the ...

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South Africa’s infrastructure recovery will continue to stall unless government, industry and professional bodies shift from problem-identification to concrete implementation, engineering executives said during a roundtable discussion hosted by engineering firm Gibb, in Johannesburg, on December 2. The speakers jointly warned that policy paralysis, a shrinking skills base and a lack of measurable accountability were preventing the country from reversing infrastructure deterioration and restoring economic stability.

R3.4bn investment positions Traxtion for 2026 entry onto South Africa’s freight rail network

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Private railways company Traxtion expects to begin operating on South Africa’s mainline network by the third quarter of 2026 after concluding a R3.4-billion rolling stock investment programme. The Harith-owned company described the acquisition as the largest private freight rail investment in South Africa’s history and said it was aligned with reforms under way to open the country’s rail system to private train operating companies (TOCs).

DBSA reports higher interim net profit, operating income

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The Development Bank of Southern Africa (DBSA) has reported a 9.3% year-on-year increase in its net interest income to R4.4-billion and a 55.9% increase in operating income to R5.6-billion for the six months to September 30. Net profit increased by 91.2% to R4.1-billion and the annualised return on equity (ROE) on net profit increased to 13.8%, while the cost-to-income ratio improved to 20.1%.
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