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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

Kganyago says rand resilience cushioning South Africa from shock

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South African Reserve Bank Governor Lesetja Kganyago said the rand has held up well despite the shock caused by the Iran war, reflecting more confidence in the country’s economic outlook. “Rand resilience has cushioned, but not shielded us from the shock,” Kganyago told Bloomberg TV on the sidelines of the International Monetary Fund and World Bank meetings in Bangkok on Friday.

South Africa court rulings may lift confidence, PSG chief says

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Court rulings on some of South Africa’s most contested laws could improve business sentiment after years of policy uncertainty, according to the head of one of the nation’s biggest wealth and money-management firms. “There are over 50 challenges to various bits of legislation,” PSG Financial Services Chief Executive Officer Francois Gouws said in an interview Thursday. “It’s good that we’re getting clarity,” he said, adding that “the more these decisions are communicated, then the more people can understand what the landscape looks like. That helps people to gain confidence.”

Risks and rewards in focus as the April 2027 SAWEM launch date nears

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South Africa will take another important step in its transition to a competitive electricity ecosystem in April next year when it launches the South African Wholesale Electricity Market (SAWEM). The market was meant to have been operationalised in April 2026, but there were too many lingering regulatory and institutional uncertainties for that launch date to be met.

NNR, European Commission complete nuclear safety technical cooperation training project

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South Africa’s National Nuclear Regulator (NNR) and the European Commission Directorate-General for International Partnerships (DG INTPA) have completed a three-year training project to strengthen nuclear safety and radiation protection regulatory capacity as part of a technical cooperation partnership. The NNR Centre for Nuclear Safety and Security (CNSS) and the DG INTPA implemented a joint project from 2023 to this year to maintain and foster the further technical capacity of nuclear regulatory authorities at highest levels, which is essential to ensure safe and effective regulation of nuclear facilities.

Transnet Engineering signs ten-year material, technical support agreement with Wabtec

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Transnet Engineering and Wabtec South Africa Technologies on October 15 signed a long-term material and technical support agreement (MTSA) to support Transnet’s Class 43D and 44D locomotives. Transnet Engineering is the engineering and manufacturing division of State-owned rail operator Transnet, while Wabtec is a global provider of equipment, systems, digital solutions and value-added services for the freight and transit rail industries, as well as the mining, marine and industrial markets.
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