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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-vehicle sales up 12.5% in November, exports down 3.9%

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November new-vehicle sales, at 54 896 units, jumped by 12.5% compared with the same month last year. naamsa | The Automotive Business Council said on Monday that South Africa’s domestic new car and truck market was boosted by easing inflation, meaningful fuel-price relief, a more accommodative interest rate environment, and a strengthening sovereign risk profile following the country’s first credit rating upgrade in nearly two decades.

Manufacturing PMI drops sharply in November

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South Africa’s seasonally adjusted Absa Purchasing Managers’ Index (PMI) fell by 7.2 index points to 42 in November, with Absa reporting that the decline was driven by deteriorations in four of the five subcomponents of the index, while employment showed a slight improvement but remained below the neutral 50-point level. Absa said on December 1 that the PMI reflected movements in the underlying indices, which tracked changes in activity and demand, and was not a sentiment measure.

Fuel Association underscores importance of Durban’s Island View Precinct

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Industry organisation the Fuels Industry Association of South Africa on November 28 briefed the Joint Meeting of the Portfolio Committees on Trade, Industry and Competition; Transport; Minerals and Petroleum Resources; and Electricity and Energy on the strategic importance of the Durban Island View Precinct (IVP), the challenges operators face and measures required to safeguard South Africa’s fuel supply. The association, together with some of its members, provided context on the facilities and operations at the IVP and the Section 79 Direction issued by the Minister of Transport.

Icasa approval marks milestone moment for South Africa’s fibre future as Vodacom, Maziv ...

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With Maziv and Vodacom securing the approval of the Independent Communications Authority of South Africa (Icasa), plans are underway to scale investment into South Africa’s fibre landscape. In November, Icasa approved Vodacom’s acquisition of a 30% interest in Maziv, with the regulator’s decision following a comprehensive, multi-year review process involving the Competition Commission, Competition Tribunal and the Competition Appeal Court.
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