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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

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.

Combination of data, people and ecosystems to provide competitive advantages – WEF

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The next wave of competitive advantage will come not from individual breakthrough technologies, but from the ability to combine and scale multiple technologies across entire operating systems, says global finance organisation World Economic Forum (WEF). As AI, robotics, advanced materials, spatial computing and next-generation energy systems mature simultaneously, the organisations and countries moving fastest to apply these technologies together in intelligent systems are already pulling ahead, says the WEF 'Technology Convergence: The New Logic for Competitive Advantage' report.

KfW Development Bank becomes institutional shareholder in ATIDI

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The German development bank KfW has become the latest shareholder in development insurer the African Trade and Investment Development Insurance (ATIDI), thereby further strengthening its capital base and its capacity to support trade and investment across the African continent. The new shareholding underscores Germany’s commitment to strengthening its economic partnership with Africa and to supporting African institutions that facilitate trade and investment across the continent, says KfW Development Bank.
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