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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

AgriSA, Agbiz welcome fuel relief extension, but warn that risks remain

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Agricultural organisations AgriSA and the Agricultural Business Chamber of South Africa (Agbiz) have welcomed the extension of the temporary fuel levy relief measures through May and June, saying it provides important short-term cost relief to farmers and consumers amid sustained global oil price volatility. However, they warn that, while necessary, it does not fully offset the deeper structural pressures facing the agricultural sector, particularly fuel availability constraints, rising input costs and the renewed spike in global oil prices linked to the ongoing Middle East conflict.

Tribunal approves Fairfield Dairy’s acquisition of Ladismith Cheese

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The Competition Tribunal has approved, with conditions, the merger in which Fairfield Dairy will acquire the entire issued share capital of Ladismith Cheese, after which it will be solely controlled by Fairfield and its owner company Woodlands Dairy. The approval is subject to conditions aimed at promoting historically disadvantaged persons, small and medium-sized enterprises and workers.

AfCFTA shifts from treaty architecture to operational trade system amid persistent frictions

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A quiet shift is under way on the African continent. The African Continental Free Trade Area (AfCFTA), long billed as the most ambitious economic integration initiative since the Organisation of African Unity morphed  into the African Union (AU), is no longer simply a treaty – it is becoming a system that businesses can use, albeit slowly and unevenly. In its early years, the AfCFTA Agreement was dominated by diplomacy – signatures, ratifications, and negotiations over rules. That phase is now largely complete. The agreement has reached near-universal buy-in, having been signed by all 55 AU member nations bar Eritrea, with 49 having deposited their instruments of ratification with the AU Commission as of January.

Jetour announces 2027 T-Series production start at Rosslyn plant

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Jetour International president Ke Chuandeng has announced that the Chinese brand will start local production of the T-Series next year. While Jetour and Chery are positioned as separate brands in the South African market, they are closely related at a global level, with Jetour one of the brands under the Chery Group umbrella.
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