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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

South Africa proposes extending auto incentives to battery materials

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South Africa plans to add to its automotive incentive programme minerals used in the manufacturing of electric vehicle batteries to boost local EV production and support related supply chains. The government is reviewing its automotive policy to address the global shift toward electric and hybrid vehicles, tightening emissions rules and rising competition from low-cost imports, particularly from China and India.

Eskom Green gears up to select private partners for initial 2 GW renewables pipeline

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Eskom Green, which has now been officially launched, reports that it intends implementing an initial 2 GW pipeline of advanced utility-scale renewables projects in partnership with private investors on land mostly adjacent to the State-owned utility’s coal-fired power stations. However, it is also moving ahead with several smaller on-balance-sheet projects that have a combined capacity of 500 MW using capital set aside in the group’s corporate plan.

DG provides insights into SARB’s innovation approach, considerations

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A modern, efficient and well-functioning financial system is essential for growth in any modern economy, and as this is pursued, innovation that serves the public interested is pivotal. This was highlighted by South African Reserve Bank (SARB) deputy governor Rashad Cassim in a keynote address at the Gordon Institute of Business Science, in Johannesburg, on June 9.

GeT Metal Group unveils initiative that turns old tyres into industrial fuel

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GeT Metal Group and its subsidiary GeT Alloys have announced that they have eliminated virgin fossil fuels from their aluminium melting operations, with a new waste-to-energy initiative transforming roughly 150 000 end-of-life tyres a year into 1.44-million litres of industrial fuel. GeT Alloys is a South African aluminium recycler, processing around 350-million used beverage cans, packaging items and post-consumer scraps a year into aluminium ingots.

Nelson Mandela Bay Business Chamber sounds alarm on 11% electricity tariff hike

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The Nelson Mandela Bay (NMB) Business Chamber is “very concerned” about the 11% average increase in electricity tariffs proposed by the metro council. CEO Denise van Huyssteen says the proposed double-digit increase comes at a time when local business faces several headwinds, including massive fuel price hikes, escalating logistics costs, high import volumes into South Africa, and a lack of municipal infrastructure maintenance.
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