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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

Vital that new professional civil service legislation be implemented – BLSA

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The professionalisation of the civil service is a key area of concern for organised business in South Africa's effort to support improved service delivery and some steps have been taken by the government to improve performance, including the signing into law of the Public Service Commission (PSC) Act. This Act will extend the function of the PSC to cover municipalities and public entities, as well as give it some teeth to enforce improved practices across government, says business organisation Business Leadership South Africa (BLSA) CEO Busisiwe Mavuso.

Key African central banks set to keep high rates as buffer against shocks

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African central banks from South Africa to Egypt are poised to keep their interest rates high for longer, seeking to shield their economies from shocks such as surging energy prices caused by the Iran war and to support their currencies. Of the 11 central banks due to deliver their interest-rate decisions over the next two weeks, seven are expected to hold, three hike and one is set to cut.

New version of rail network statement officially Gazetted

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An updated version of the network statement that will govern access to the South Africa’s railways system for the two financial years of 2026/27 and 2027/28 has been Gazetted by the Department of Transport and published by the Transnet Rail Infrastructure Manager (TRIM). Known as Network Statement Version 4, TRIM says the document has been released following a public-comment period launched in July, as well as engagements with train operating companies (TOCs), freight owners, customers, regulators, financiers, industry associations and government stakeholders.

Denel engineer outlines strategic shift for ailing entity

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State-owned aerospace and military technology company Denel systems engineer Dr Makhabane Molapo has outlined his view of what the struggling entity should pursue to revitalise this strategic asset for defence sovereignty and industrial growth on the continent. Speaking during the conference segment of the Africa Aerospace & Defence Expo, being held this week at the Waterkloof Air Force Base, in Tshwane, Molapo emphasised the importance of Denel, highlighting it as a strategic national security asset and custodian of sovereign defence technologies, intellectual property (IP), engineering expertise and industrial capability.

Strong interest in TSO transaction-adviser RFP, but doubts raised over timeline

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Nearly 100 people participated in a compulsory briefing session on Friday for those wishing to bid to become the transaction adviser to the National Treasury in relation to the establishment of a fully independent State-owned Transmission System Operator (TSO), which would own the transmission assets currently falling under an Eskom subsidiary. A request for proposals (RFP) in relation to the appointment has been issued by the Infrastructure Finance and Implementation Support Agency (IFISA), which is housed at the Development Bank of Southern Africa, and a bid submission deadline of 23:55 on September 30 has been set.
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