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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

Goldman says Iran war risks weighing on rand, forcing rate move

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Prolonged higher oil prices could force the South African central bank to consider raising interest rates as a weaker rand pushes inflation higher than it’s prepared to tolerate. That’s according to Goldman Sachs Group Inc. economist Andrew Matheny, who cautioned the rand may face sustained pressure if the US-Israel war on Iran pushes oil prices toward $130 per barrel, and its assumption that the disruption to crude flows won’t last long is proved wrong.

Creamer Media marks 45 years of independent engineering and mining journalism

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When Creamer Media celebrates its forty-fifth anniversary this March, it marks not only a company milestone, but also a rare achievement in specialist journalism: four-and-a-half decades of continuous, independent reporting focused on engineering, mining, industry and economic development. Founded on March 13, 1981, by publishing editor Martin Creamer and his wife Veronica Creamer, the business began in modest circumstances in Commissioner Street, Johannesburg. From those early days in a small inner-city office, the company has grown into a multimedia publishing house employing about 50 people and serving a global specialist audience across print, digital, video and webinar platforms.

Manufacturing production down 0.7% y/y in January

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Manufacturing production decreased by 0.7% year-on-year in January, owing to weaker activity in the wood and wood products, paper, publishing and printing division; and the basic iron and steel, nonferrous metal products, metal products and machinery division. According to Statistics South Africa’s (Stats SA’s) production and sales results for January, manufacturing for the wood and wood products, paper, publishing and printing division decreased by 11%, contributing -1.3 percentage points, while manufacturing in the basic iron and steel, non-ferrous metal products, metal products and machinery division decreased by 5.7%, contributing -1.2 percentage points.

BMW's Rosslyn plant reaches 100 000-unit milestone

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BMW’s Rosslyn plant has marked a significant production milestone with the completion of its 100 000th fourth-generation X3. The 100 000th model to roll off the German premium car maker’s Pretoria assembly is a fire-red plug-in hybrid vehicle destined for Australia.

Container User Forum aims to be unified voice for key sector as reforms unfold

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A new industry organisation has been formally launched in a bid to facilitate greater collaboration among South Africa’s container stakeholders, as well as to provide a unified voice as the freight logistics sector undergoes far-reaching reform. Known as the Container User Forum (CUF), the organisation has been established as a non-profit company with a board led by Juanita Maree, who is also the CEO of the South African Association of Freight Forwarders, and an executive team, led by CEO Brenda Magqwaka, who previously worked at Transnet Port Terminals.
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