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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

Toyota SA guns for new sales record this year

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Toyota South Africa Motors (TSAM) will chase a new record of 153 178 unit-sales this year, says senior sales and marketing VP Leon Theron. He says TSAM’s highest sales ever were 152 000 units in 2007, with last year delivering the second-highest ever, at 148 124 units.

dtic wants to stabilise Tongaat Hulett, engaging stakeholders to ensure survival

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The Department of Trade, Industry and Competition (dtic), together with other organs of State, will support all lawful efforts aimed at finding a viable and durable resolution to stabilising and restructuring sugar miller Tongaat Hulett. The dtic believes this can be achieved through a sustainable solution that balances the interests of workers, growers, communities, creditors and the country.

New EU drivetrain guidelines require policy response – The Electric Mission

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Europe’s recent softening of its zero-emission vehicle policy should not be viewed as offering a lifeline to the South African automotive industry, warns The Electric Mission executive director Hiten Parmar. The revised proposal, which still needs to be accepted by the EU Parliament, proposes that 90% of new vehicles sold in the EU will have to be zero-emission vehicles by 2035, instead of the previous 100%.

Transnet starts process to find private partner for Richards Bay Dry Bulk Terminal

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State-owned freight logistics group Transnet has initiated the first stage of a process to select a private partner for the Richards Bay Dry Bulk Terminal (RBDBT), a key export terminal in KwaZulu-Natal for bulk commodities such as chrome and magnetite. Transnet has issued a request for qualification (RFQ) document with a deadline of August 31 and intends inviting respondents that are able to demonstrate technical capability, operational experience, financial capacity, and compliance with its requirements to bid into a subsequent request for proposal process.

South African rand flat amid firmer dollar; US inflation in focus

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The South African rand was flat in early trade on Friday as a stronger US dollar continues to dominate trading, with investors also focused on upcoming US inflation data for clearer signals on the Federal Reserve's next move. At 0717 GMT the rand traded at 16.1325 against the dollar, little changed from its previous close of 16.15.
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