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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

United Airlines is committed to net-zero carbon emissions flying by 2050

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US-based global major carrier United Airlines is committed to achieving net-zero carbon emissions by 2050, its Director Sales: Continental Europe, India, Israel, Africa & Middle East Thorsten Lettnin, assures Engineering News, in an exclusive interview. (Net-zero emissions is not the same thing as zero emissions; in general terms, net zero means that carbon emissions into the atmosphere are balanced by carbon being removed from the atmosphere; as far as the airline industry is concerned, it means ensuring that its carbon emissions in 2050 are no greater than they were in 2019, despite the ongoing massive expansion (100%, every ten years) in the sector.) “We’re heavily into sustainability,” he affirms. “This is really close to our hearts. We are a founder-member of the First Mover Coalition, a grouping of major US corporations committed to cutting their carbon footprints.”

Altron expects double-digit earnings increases from continuing operations

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JSE-listed Altron expects to deliver higher earnings from continuing operations for the year ended February 28, 2024. In a revised trading statement on Friday, Altron said that its headline earnings per share (HEPS) for continuing operations are expected to be 35% to 38% higher, at between 115c and 117c in 2024, from the reported 85c in 2023.

Rescuers getting ready to wrap up operations at George building collapse site

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The George municipality says rescue and recovery operations at the site of a collapsed building in the town will cease later today, with no further bodies recovered. It points out that, while the estimated number of individuals on site during the incident on May 6 was 81, only 62 individuals were either recovered or rescued, with 29 people having survived.

Today’s well-supplied market for critical minerals ‘may not be a good guide for future’

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A new International Energy Agency (IEA) report describes the sharp decline in critical mineral prices over the past year as a double-edged sword, cautioning that, while it has been a boon for clean energy deployment and affordability, it is a bane for critical mineral investment and diversification. The ‘Global Critical Minerals Outlook 2024’ highlights that, following two years of dramatic increases, the prices of critical minerals fell steeply in 2023, returning to levels last seen before the pandemic.

Tenth Africa Prize for Engineering Innovation finalists revealed

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Four innovators from Kenya, Côte d'Ivoire and Uganda – whose innovations address recycling in construction, AI tools for healthcare and farming, and reengineered waste collection – have been selected from a shortlist of 16 to compete for this year’s £50 000 Africa Prize for Engineering Innovation. The Royal Academy of Engineering will host the final of the tenth Africa Prize for Engineering Innovation, the continent’s largest engineering prize, on June 13, in Nairobi, Kenya.
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