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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

Global youth unemployment rises amid sluggish job creation and looming AI risk, UN labour ...

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Global youth unemployment increased in 2025 as weaker economic growth, geopolitical tensions and sluggish job creation made it harder for young people to find work, the International Labour Organization (ILO) said on Wednesday, warning that AI could add to mounting labour market pressures. The global unemployment rate among 15-to-24-year-olds rose to 12.4% last year from 12.3% in 2023, equivalent to 67-million 15-to-24-year-olds worldwide, according to a new report by the UN labour agency.

Nigeria's EV ambitions run into reality of weak electricity supply

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Nigeria approved tax waivers for nearly 4 000 electric vehicles (EVs) in the first half of this year, government data showed, as authorities push to accelerate nascent EV adoption despite chronic electricity shortages. The approvals reviewed by Reuters are the first under a new government programme aimed at promoting cleaner transport through tax incentives and local assembly programmes.

AECI gearing up to invest up to R900m in Modderfontein optimisation

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Mining explosives and chemicals group AECI is preparing to invest between R700-million and R900-million to modernise its historic Modderfontein facility, in Gauteng, which the group views as key to its ongoing competitiveness in southern and central Africa. CEO Alan Dickson, who took up the position on July 1, tells Engineering News & Mining Weekly that the company has already made some initial investments at the facility in a bid to improve efficiencies and raise utilisation levels.

Presidency rebukes Eskom chair over criticism

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South Africa’s presidency rebuked the chairperson of Eskom for publicly questioning the plan to restructure the State power utility. The authorities are committed to ensuring that Eskom doesn’t end up in a worse financial position than its current one, with a broad range of interested parties involved in the discussions about the unbundling of the utility, presidency spokesman Vincent Magwenya said on Tuesday. Magwenya’s comments came in response to Eskom chairperson Mteto Nyati, who warned last week that plans to transferring the power company’s transmission assets to an independent operator may trigger change-of-control provisions in lending agreements, create accounting complications and unsettle bondholders. Chief Executive Officer Dan Marokane in June said the unbundling needs to be handled in a way that’s sustainable for the company.
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