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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

Fairvest aims for retail boost from investment in township fibre rollout

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Property group Fairvest is positive that its township retail assets will be able to tap into its R486-million investment in Onepath Investments (OPI). OPI is the owner of digital infrastructure assets, and Fairvest’s investment has funded the acquisition of the fibre and related infrastructure leased to fibertime, a fibre network operator and Internet service provider catering specifically to the South African township market.

B Lab Africa Summit urges businesses to ‘act for good’

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Africa’s ability to achieve inclusive economic development amid climate change, fragmented trade and a rapidly growing population will depend on decisive action in agriculture, water, education, technology and data, trade and finance, and entrepreneurship and youth development, B Lab Africa CEO Lucy Mugai has said. Opening the B Lab Africa Summit on October 2, Mugai urged businesses to be a force for good, warning that the continent risked being disproportionately disadvantaged by global climate and trade disruptions.

Tau warns SA must embrace new energy vehicles to remain competitive

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Trade, Industry and Competition Minister Parks Tau says South Africa’s future competitiveness in the automotive sector hinges on rapidly embracing new energy vehicles (NEVs), as the global auto industry undergoes its most significant transformation in a century. Global markets are accelerating the shift away from internal combustion engines. The UK and the EU, which together account for almost half of South Africa’s vehicle exports, will ban sales of new fossil-fuel vehicles by 2035.

South African state investor PIC benefits from mining stock rally, green bets slump

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South African state investor Public Investment Corporation (PIC) reported a 22.5% increase in its listed equities portfolio to R999-billion for the year ended March 2025, according to its annual report published on Friday. PIC, Africa's largest asset manager which oversaw R3.049-trillion as of March 31, manages assets for public sector clients including South African civil servants' pension funds.
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