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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

Commercialisation proffered as next step for South Africa’s hydrogen mobility

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As South Africa looks to bolster its green hydrogen economy, Toyota South Africa Motors (TSAM) is pursuing commercialisation as the next step in the company’s hydrogen mobility journey. This was noted during the first day of the nineteenth International Energy Agency Technology Collaboration Programme on Advanced Fuel Cells Task 30 Electrolysis Workshop, which is being held this week in South Africa, hosted by North West University professor Dmitri Bessarabov.

Seifsa relaunches artisan training centre, showcases upgrades

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Industry employer organisation the Steel and Engineering Industries Federation of Southern Africa (Seifsa) says its Seifsa Training Centre (STC), which is run in partnership with skills development company Thuthukisa, was on display with its extensive renovations at its yearly award ceremony for students. In a media release, Seifsa said guests who visited the premises in Benoni, Gauteng, on October 29, had a chance to view the wide-ranging improvements to the STC, as well as to celebrate the artisans.

South Africa to start R2.5bn fund to tackle unemployment

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South Africa will on Friday start offering loans from a R2.5 billion Youth Fund aimed at supporting small businesses, part of a push by the government to tackle one of the world’s highest unemployment rates. Nearly half of South Africans between 15 years to 34 years are unemployed, according to Statistics South Africa. The fund aims to address this by supporting high-potential small and medium enterprises, National Youth Development Agency Deputy Chairperson Bonga Makhanya said in an interview. The initiative, spearheaded by the NYDA and set to be announced by Deputy President Paul Mashatile, is designed to shift the agency’s model from offering small grants toward making larger, equity-based and loan investments in enterprises owned by young people.
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