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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

New initiative aims to grow pipeline of ‘bankable’ water and sanitation projects

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A newly formed government agency set up to mobilise private sector participation in public infrastructure has concluded a cooperation agreement with the International Finance Corporation (IFC) in a bid to unlock investments in water, sanitation and waste management projects, especially at the municipal level. Established in March, the Infrastructure Finance and Implementation Support Agency (IFISA) has consolidated the Public-Private Partnerships and the Capital Projects Appraisal Units of the Government Technical Advisory Centre, the Neighbourhood Development Partnership Programme of the National Treasury (NT) and the Infrastructure Fund - which was established by a memorandum of agreement between the Development Bank of Southern Africa, NT, and the Department of Public Works and Infrastructure, operating as a ring-fenced unit within the Development Bank of Southern Africa.

Busa calls for quicker rail reform implementation as fuel prices impact on business

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The significant increase in fuel prices in April and May is no longer a short-term pricing shock that businesses can ride out, says Business Unity South Africa CEO Khulekani Mathe, adding that sustained increases in a core input like fuel translate directly into higher operating costs, weaker balance sheets and difficult decisions about employment, service levels and investment for businesses. In a media release, the organisation says the latest fuel price increase, driven by global oil market volatility, compounds an already difficult operating environment for firms, noting that industry data indicates that diesel can account for between 35% and 55% of total operating costs for road freight operators.

Slow State-controlled FMD vaccination will fail to eradicate outbreaks – FMD Response SA

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Government’s Foot-and-Mouth Disease (FMD) eradication approach is most likely to fail owing to the vaccination rollout being fundamentally inadequate and slow at farm-level, farmer-led initiative FMD Response SA states. The organisation deems it between 90% and 95% probable that government’s current approach to vaccination will not mathematically achieve the herd immunity required by World Organisation for Animal Health (WOAH).

Geopolitical shifts bring Africa’s arbitration growth opportunities to the forefront

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The traditional global rules-based order is actively being reshaped, with arbitration being pulled into the front lines, and over time, geopolitics, not just the rule of law, determining how cross-border disputes have been resolved. This was the central message provided during a session, titled, ‘BRICS, AfCFTA and the Fading Rules-Based Order: What This Means for Arbitration’, held at the Johannesburg Arbitration Week, at the Sandton Convention Centre, on May 5.
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