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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

Stage Zero delivers 100 kW solar and battery system for Addo Wildlife

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Distributed energy company Stage Zero has completed a 100 kW solar and battery installation at Addo Wildlife private game reserve, in the Eastern Cape, reducing the reserve’s reliance on grid electricity and its energy costs, while strengthening continuity across its lodge, facilities and daily operations. The system generates electricity from solar during daylight hours, stores energy in the battery for later use and draws from the grid when required.

NEV transition can provide opportunity to create meaningful economic change – naamsa CEO

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As the world embraces a transition to new-energy vehicles (NEVs), the South African automotive sector has an opportunity to build a more competitive and inclusive industry, according to naamsa | The Automotive Business Council CEO Mikel Mabasa. During a Frank Dialogue discussion on August 28, he highlighted that as this shift in the sector took place, the automotive value chain itself would also change which, consequently, created economic opportunity.

Integrated transport systems can help meet sector challenges

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While the transport sector continues to play a critical role in South Africa’s economy and society, fragmentation remains one of the biggest challenges confronting the local sector, Gautrain Management Agency chairperson Professor Mfanelo Ntsobi has said. “We have different spheres of government, different transport authorities, different operators and different modes. Yet, the passenger experiences one journey.

Rainbow Chicken grows revenue, HEPS; declares dividend and special dividend

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JSE-listed poultry and animal feed producer Rainbow Chicken recorded a 7.7% year-on-year increase in revenue to R17.1-billion for the financial year ended June 28, while earnings before interest, taxes, depreciation and amortisation (Ebitda) increased by 101.8% year-on-year to R2.13-billion. Earnings for the year increased by 134.8% to R1.34-billion. The company also reported increased cash and cash-equivalents of R2.4-billion, up from R1.8-billion in the prior financial year.

Independent investigation finds no diesel missing, but identifies governance lapses – Eskom

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An independent investigation, commissioned by State-owned power utility Eskom, into diesel procurement and storage contracts under Tender MWP2197GX found no evidence that diesel paid for by Eskom is missing. The investigation did, however, confirm instances of non-adherence to Eskom processes concerning payments made to certain suppliers.
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