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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

Next phase of Golden Acre redevelopment under way

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Construction has formally started on the retail component of the Golden Acre precinct redevelopment in Cape Town. Following the successful start of the residential conversion late last year, this next phase marks a critical step in transforming one of Cape Town’s vital commuter hubs into a modern, 18-hour mixed-use environment.

Further food price pain on the cards for consumers as agri sector faces higher input costs

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While developments around the conflict in the Middle East remain unpredictable, the South African agricultural value chain is already being confronted with rising input costs, disrupted trade flows and heightened logistical risks. According to Absa AgriBusiness sector executive for agriculture Loffie Brandt, the most immediate impact on South African agriculture stems from rising cost pressures.

IMF, World Bank, IEA warn that fuel prices may remain high for prolonged period

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The heads of the International Energy Agency (IEA), International Monetary Fund (IMF), and World Bank Group have jointly warned that fuel and fertiliser prices may remain high for a prolonged period even if regular shipping flows resume through the Strait of Hormuz. In a statement after a meeting of the coordination group the three entities established in early April to maximise their response to the energy and economic impacts of the war in the Middle East, they indicated that the negative effects could linger given the damage to infrastructure as a result of the conflict.

IMF, World Bank, IEA urge countries to stop hoarding energy supplies, imposing export controls

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The International Monetary Fund, World Bank and International Energy Agency on Monday urged countries to avoid hoarding energy supplies and imposing export controls that could worsen what they called the biggest shock ever to the global energy market. IEA chief Fatih Birol told reporters after a meeting with IMF and World Bank leaders that several countries were holding onto stocks and imposing export restrictions and appealed to all countries to let energy stocks flow to the markets. He did not name the countries.

South Africa agrees new climate loan, critical minerals cooperation on Germany visit

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Germany has agreed to give South Africa a new €200-million ($234-million) concessional climate loan, and the two countries will deepen cooperation in other areas like critical minerals, South Africa's foreign minister said on Monday. The loan will support investment in South Africa's power grid and renewable energy capacity, Minister Ronald Lamola said after talks with German counterpart Johann Wadephul in Berlin.
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