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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 economy estimated to be 4.9% bigger after rebasing

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South Africa's economy was estimated to be 4.9% larger than previously reported after a benchmarking and rebasing exercise, the statistics agency said on Thursday. Statistics South Africa said the exercise raised the size of the economy in 2022 to R6.99-trillion from a previously published estimate of R6.67-trillion. The agency said it changed the base year for its gross domestic product estimates to 2022 from 2015. It also took into account changes in the composition of formal and informal parts of the economy. All 10 sectors that it tracks were shown to have higher output, with mining, finance and trade registering the largest increases, partly due to factoring in illicit or illegal activity in those industries.

Draft strategy seeks to embed energy efficiency as supply-side resource in IRP and IEP

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A revised draft National Energy Efficiency Strategy (NEES), which is currently out for public comment, outlines a vision for incorporating energy efficiency as a supply-side resource into any updated Integrated Resource Plan (IRP) and future Integrated Energy Plan (IEP), while setting a target of avoiding 132 PJ of demand by 2035. The revised document also seeks to close a prevailing policy gap that has arisen because Cabinet last adopted a formal energy-efficiency strategy in 2005, which has led to its role being deprioritised against other supply-side options.

Household financial resilience continues to rise, but fuel prices and rate hikes slow recovery

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South African households improved their financial resilience for the ninth consecutive quarter in the three months to June 2026, however, rising fuel prices and interest rates are slowing recovery. The Altron FinTech Household Resilience Index (AFHRI) for the second quarter of 2026 shows the seasonally adjusted index rising to 116.1 in the second quarter.

Years of delay in trade investigations deepening South Africa’s industrial malaise – study

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The duration of tariff investigations undertaken by the International Trade Administration Commission of South Africa (Itac) has increased since 2019 to an average of 40 months, and with some taking up to 76 months to complete, a study by trade consulting firm XA Global Trade Advisors shows. This is a significant increase from an average of six months in 2019 and is beyond Itac’s own publicly stated objective of completing investigations within six months, XA Global Trade Advisors CEO Donald MacKay noted during an October 21 webinar to present the findings of the study.
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