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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

Cape Town signs two agreements to buy power at below Eskom rates

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The City of Cape Town (CoCT) has signed two purchase agreements for a combined 70 MW of power, with more to follow in the coming months under a competitive tendering process for delivery of up to 200 MW of power. The 20-year power purchase agreements (PPAs) are with solar plants that will be connected to the city’s grid in Atlantis (30 MW from Jempec), and Philippi (40 MW from Make A Difference).

Ramaphosa assures competitive overhaul will curb skyrocketing electricity costs

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President Cyril Ramaphosa on Monday vowed to tackle the country's soaring electricity tariffs, acknowledging that the rising cost of power is inflicting severe financial hardship on families and crippling business competitiveness. Writing in his weekly newsletter to the nation, the President declared that South Africa must move away from its century-old reliance on a single utility provider if it hopes to secure an affordable, reliable and sustainable energy future. Over the past two decades, South African electricity prices have surged dramatically and Ramaphosa highlighted that these high costs force ordinary citizens to make “impossible choices” while trying to balance food, transport and basic necessities. He said for the business sector, the consequences are equally damaging, with manufacturing goods and providing services becoming increasingly expensive.

Brazil deal underscores need to strengthen country’s trade agreements – BLSA

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The announcement last week that South Africa had reaffirmed its strategic partnership with Brazil, with ambitions to deepen economic ties, was presented as a diplomatic win; however, this being led by the Department of International Relations and Cooperation instead of the Department of Trade, Industry and Competition, suggests it was a political conversation, not an economic one, business organisation Business Leadership South Africa CEO Busi Mavuso writes in her weekly newsletter. She points out that South Africa requires a serious trade strategy that is built on analysis of where it can actually compete, not on the optics of summits.

China automakers target South Africa's EV buyers, pickup market at auto show

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Chinese automakers launched a raft of electric, hybrid and pickup truck models at South Africa's biggest auto show, betting on growing demand for electrified vehicles and seeking to challenge established rivals in the country's highly competitive pickup market. China's Changan and its partner Jameel Motors South Africa introduced the Deepal S05 range-extended electric vehicle — which uses a small petrol-powered engine to recharge the vehicle's battery as it runs — and Changan Uni-S hybrid SUV.
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