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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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Fiscal support for Budget Facility for Infrastructure gains momentum

The National Treasury will direct R20-billion of the projected R70.8-billion revenue overrun for the coming two years towards the Budget Facility for Infrastructure (BFI) pipeline. Director-general Dr Duncan Pieterse said this ringfenced amount for the BFI took account of the fact that government was currently meeting its fiscal target and that, besides building a R10-billion contingency reserve buffer, it was seen as sensible to direct the bulk of the revenue overrun towards public infrastructure.

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