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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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GDP grows by 0.5% in the third quarter

South Africa’s GDP increased by 0.5% in the third quarter, following an increase of 0.9% in the second quarter, Statistics South Africa (Stats SA)reports. The trade, catering and accommodation industry increased by 1%, contributing 0.1 of a percentage point to GDP growth. Increased economic activities were reported for wholesale trade, retail trade, motor trade, accommodation and food and beverages.

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