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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

Monetary policy, Joburg financial constraints weigh on South Africa’s outlook – BMI

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Given the recent uptick in the US-Iran military exchange and BMI’s shift to a ‘messy negotiation scenario’, the research unit will be reviewing its forecasts over the coming week, but does not anticipate making “significant revisions” to its South African ones for the year.   This was highlighted by research firm BMI sub-Saharan Africa country risk senior analyst Lara Wolfe, speaking in the company’s “Sub-Saharan Africa Macroeconomic Update: Resilience Despite Challenging Global Environment”, webinar on July 21.

Ramaphosa highlights importance of collaboration during South Africa-Namibia Binational Commission

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Given the shared geology and geographical proximity between South Africa and Namibia, there is a compelling case for closer collaboration in exploration, infrastructure development, skills development and investment promotion. This was noted by President Cyril Ramaphosa during the fourth session of the South Africa-Namibia Binational Commission (BNC) on July 17, co-chaired by Ramaphosa and Namibian President Netumbo Nandi-Ndaitwah.

Coega secures prestigious SEZ of the year award

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The Coega Special Economic Zone (SEZ) has been announced as SEZ of the Year during a gala dinner to celebrate the second International SEZ Conference, held on July 16 and 17, at the Durban International Convention Centre (ICC), in KwaZulu-Natal. In affirming the value of this accolade, the Coega Development Corporation (CDC) says the award highlights Coega’s contribution towards investment attraction, infrastructure development, and inclusive economic growth, particularly in the years following the Covid-19 pandemic.
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