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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

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WEF survey of chief economists shows majority think global economy is stabilising

The latest 'Chief Economists’ Outlook' report of the World Economic Forum (WEF), published on Tuesday, shows that 56% of the chief economists surveyed believe that the global economy is stabilising or improving. This represents a dramatic turnaround from the previous Outlook, published in May, in which 89% had expected the global economy to weaken. However, this latest survey also showed that there was limited confidence that this improvement would hold. No less than 97% saw international political conflicts as probably causing instability over the coming year, while 58% expected asset-price corrections and a mere 25% thought that the global economy would achieve greater resilience.

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