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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

NamPower grid-strengthening and battery storage project secures $138.5m World Bank backing

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The World Bank has approved a $138.5-million finance package to support the integration of renewable energy into Namibia’s electricity system by strengthening its transmission grid and integrating a second utility scale battery storage system into the country’s network. The initiative, which is Namibia’s first-ever World Bank financed energy project, will be implemented by NamPower, with the aim of minimising outage risks, supporting load growth, and unlocking future opportunities for power trade in the Southern African Power Pool.

MTN achieves record 98% network availability in Limpopo

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As telecommunications giant MTN South Africa accelerates its nationwide modernisation programme, the company has achieved a record 98.33% network availability daily in Limpopo. The 2024 resilience plan, which was completed in the first quarter of 2024, aims to ensure that all sites have power backup, such as batteries or hybrid generators, on hub sites to minimise network unavailability during loadshedding, load reduction and extended power failures.

Dozens trapped in building collapse in South Africa

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Rescuers searched through the debris of a multi-storey building collapse in the South African city of George that left four people dead and dozens still trapped early on Tuesday. Twenty-four construction workers who were at the site of the unfinished building when it collapsed have been removed from the rubble so far, while 51 remained unaccounted for, the municipality of George, a coastal city east of Cape Town, said in a statement.

Eskom takes City Power to court over R1bn debt

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State power utility Eskom has said it has "no choice" but to approach the Johannesburg High Court to force City Power to pay just over R1-billion in unpaid debt. Eskom noted that City Power began to default on payments in October 2023 and that it did not receive any payment for March, this year.

Local textile company opens new factory and launches worker shareholding programme

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Cape Town-based bedding and linen manufacturer Sheraton Textiles (Sheraton) on Monday officially inaugurated its new factory and launched its Workers Trust employee share ownership programme (ESOP). The company is currently 100%-owned by national development finance institution the Industrial Development Corporation (IDC), which invested R140-million in the establishment of the new, state-of-the-art, factory, which greatly increases the company’s efficiency and competitiveness. The ESOP will ...
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