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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

€300m in JET-linked loans to support trading-services reform across South Africa’s cities

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The National Treasury has secured €300-million in concessional loan financing, equivalent to R5.6-billion, to support its Metro Trading Services Reform (MTSR) programme, which is aimed at turning around electricity, water and sanitation, and solid waste management in the country’s eight metropolitan municipalities. The funding has been committed by German and French development finance institutions KfW Development Bank, which has approved €200-million and Agence Française de Développement (AFD), which confirmed a €100-million loan.

Online constitutes 10% of all retail sales in South Africa

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The share of retail sales that are completed online has risen to 10% of all retail sales, and online retail is expected to grow by 22.5% to R159-billion this year, compared with 2025, when the share of online retail sales was R130-billion. Although the growth is less than the 35% growth between 2024 and 2025, this figure still represents a significant quantum of growth. The expected R29-billion increase in turnover from online sales this year is almost as large as South Africa’s entire online retail market in 2020, when sales totalled about R30.2-billion, technology research company World Wide Worx MD and principal analyst Arthur Goldstuck revealed on September 2.
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