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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

Cape Town Container Terminal shows improved performance – TPT

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The Cape Town Container Terminal showed a 16% increase in volume-throughput in the first quarter of the 2026/27 financial year compared with the same period last year, says Transnet Port Terminals (TPT). Average truck turnaround time now stands at 39.9 minutes, with year-to-date truck turnaround times improving by 35% compared with the same period last year.

Solar body unveils new governing committee as electricity sector enters ‘defining phase’

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The South African Photovoltaic Industry Association (SAPVIA) has announced a new governing committee, which draws members from across the solar value chain, including engineering, project development, finance, governance, legal, policy and strategic communications. The governing committee would be chaired by DeVilliers Botha, who said in a statement that the committee’s focus would be on ensuring that SAPVIA continued to promote good governance, fostered collaboration and supported an environment that encouraged investment, innovation and sustainable industry growth.

South Africa secures $500m loan to strengthen climate-resilient urban services

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Multilateral development bank the Asian Infrastructure Investment Bank (AIIB) and South Africa have signed a $500-million sovereign-backed loan to support the South Africa Metro Trading Services Programme, which is aimed at improving the financial sustainability, accountability and operational performance of municipal services, including water supply and sanitation, electricity and solid waste management services, while supporting the country's transition to low-carbon, climate-resilient urban development. The program is co-financed with the World Bank as part of a broader $3-billion programme led by the South African government. The financing marks AIIB’s first investment in South Africa, establishing a new partnership to advance the country’s sustainable infrastructure priorities.

South Africa already upgraded by Bond Market as rating firms lag

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South African authorities are focused on hitting budget targets rather than pleasing credit-rating firms, according to the government’s top finance official — and the reward is a bond market that’s already pricing the country’s debt as investment grade. Africa’s largest economy was cut to junk in 2017 after years of institutional erosion, fiscal deterioration, and rampant corruption known as “state capture.” The government has now reversed spending overruns into surpluses, with debt ratios set to decline from the current fiscal year.
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