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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

Tiger Brands delivers robust interim results

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Packaged goods company Tiger Brands has delivered a robust performance for the six months ended March 31, with strong volume growth, a double-digit operating income improvement and a notable return on equity (RoE) improvement. The company explains that the consumer environment remained competitive for the first half of the current financial year, with continued value-seeking behaviour driving buying patterns.

Petrol prices to increase, but some relief for diesel prices

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The prices of petrol 93 and 95 (ULP and LRP) are both set to increase by R1.43 a litre, effective June 3, while diesel prices are set to decrease by R3.25 a litre (0.05% sulphur) and R2.62 a litre (0.005% sulphur). The fuel price adjustments are attributed to several reasons, including the increase in the average Brent crude oil price $104.59/bbl during the period under review, from $101/bbl, owing to the continued tension between the US and Iran and the closure of the Strait of Hormuz.

EU aims to use investor roadshow to convert €12bn pledge into South African projects

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The EU, which announced a €12-billion investment package for South Africa in October, is undertaking investment roadshows in Johannesburg, Cape Town and Durban this week as part of efforts to convert the high-profile investment pledge into firm projects. The EU and South Africa signed the Clean Trade and Investment Partnership (CTIP) in November last year, alongside a memorandum of understanding on sustainable minerals and metal value chains.

Opinion: Why Eskom's carbon intensity may become the biggest strategic challenge for South ...

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In this article, EE Business Intelligence MD Chris Yelland writes that the immediate impact of the EU's Carbon Border Adjustment Mechanism (CBAM) on South African exports is relatively limited, but as the CBAM is expanded over time, the country may face significant impacts from the possible inclusion of indirect emissions associated with electricity consumption.

Volvo Trucks tests hydrogen combustion engine trucks, aims for pre-2030 launch

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Volvo has begun on-road testing of heavy trucks powered by hydrogen combustion engines, with commercial launch planned before 2030. The Swedish truck maker believes its hydrogen-powered trucks will have higher energy efficiency, lower fuel consumption and increased engine power compared with conventional hydrogen combustion engine technology.
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