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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

Operation Vulindlela again lists Eskom’s restructuring as a reform area ‘facing significant ...

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The latest update on progress being made in implementing the structural reforms that have been prioritised under Operation Vulindlela has again identified Eskom’s restructuring as a reform area “facing significant challenges” and where intervention is required. Lagging restructuring progress at Eskom is one of only three reforms highlighted as facing difficulties, even though several others are listed as experiencing delays.

Greater water supply resilience needed across Gauteng

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There is a need for greater resilience in Gauteng’s water supply system, the Department of Water and Sanitation (DWS) said on Friday. The comments followed an explosion of a motor connected to one of the pumps at Rand Water's Zuikerbosch water treatment plant on January 27, which impacted water supply for households, businesses and communities across Gauteng, particularly in the Johannesburg, Tshwane and Ekurhuleni metropolitans.

Eskom ups wage hike offer in ongoing union talks

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State-owned power utility Eskom has raised its salary increase offer to trade unions to 5.5% from the 3.5% it proposed last year, a document seen by Reuters showed, though it remains well below what unions are demanding. Eskom has been a long-term drag on Africa's biggest economy through its electricity cuts and financial woes. But a sharp improvement in the performance of its coal-fired power stations has allowed it to stop implementing nationwide blackouts. It reported its first full-year profit in eight years last financial year.

MPC member Chris Loewald to leave Reserve Bank

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The head of economic research at South Africa’s central bank is taking early retirement from the institution, reducing the number of voting members on the monetary policy committee. Chris Loewald, who joined the South African Reserve Bank in 2011 after working for more than a decade at the National Treasury, will step down effective March 1, the central bank said in a statement on Friday.
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