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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 steel needs demand not belligerence, regulator says

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The key to rescuing South Africa’s ailing steel industry, in which a unit of ArcelorMittal South Africa (AMSA) is feuding with smaller competitors, is by growing demand rather than fixating on export controls, the country’s chief trade regulator said. AMSA last year shut a steel mill, citing competition from so-called mini-mills that use scrap metal as their feedstock rather than iron ore. The company, which still runs Africa’s biggest steelmaking plant south of Johannesburg, has demanded the government end a 20% tax on the export of scrap, which it says reduces the cost of the material for its rivals.

High Court sets aside environmental authorisation for K148 road construction

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A full bench of the Gauteng High Court has set aside the environmental authorisation for the proposed K148 road development, in Gauteng, ruling that both the original 2016 approval and subsequent 2021 amendment were unlawful. The court upheld an appeal brought against the road project by private investment company NT55 Investments, overturning decisions by Judge Bashier Vally in the High Court in April 2024.

Industry body confirms shift in sources of South African fuel imports

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The Fuel Industry Association of South Africa (FIASA) has confirmed that fuel imports for the period from April to June will increasingly be sourced from regions outside of the Gulf and that there is also daily monitoring of stock levels and vessel movements to ensure ongoing security of supply. CEO Avhapfani Tshifularo tells Engineering News that various actions are being taken in response to the disruption to shipping in the Strait of Hormuz and the damage to energy infrastructure in the Gulf region.

Growth’s not an entitlement, investment’s not a given, Memsa event hears

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Growth is not an entitlement and capital investment is not a given. These were two key points that Minerals Council South Africa CEO Mzila Mthenjane emphasised during a Mining Equipment Manufacturers of South Africa (Memsa) event at Montecasino on Friday. Scrutinised were the implications for South Africa of the Middle East conflict, with the big focus on what this country’s original-equipment manufacturers (OEMs) can do in the face of geopolitical disruption.

UK FinTech making Cape Town its number two tech hub

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Western Cape trade, tourism and investment agency Wesgro has highlighted that UK-based FinTech enterprise, the ClearScore Group, has decided to make Cape Town its second major tech hub outside of London. Consequently, it is expanding its operations in the Mother City, and over the next 12 to 18 months will increase its staff complement in Cape Town to some 120. “South Africa, and Cape Town in particular, has been an important part of the ClearScore growth journey for many years. Cape Town is the first place we opened an office outside the UK, and it has played a central role in our success ever since,” highlighted ClearScore co-founder and CEO Justin Basini. “The depth of engineering, product and design talent in the city makes it the right place to build. This investment reflects our long-term confidence in Cape Town and South Africa.”
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