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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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What we can learn from Coricraft’s furniture manufacturing localisation drive

South African manufacturing is in dire need of revitalised localisation. Statistics South Africa has recorded a steady decline for years, with the slide reaching 1.5% year-on-year in August, up from a 0.7% decrease in July – reflecting a loss of more than 500 000 jobs since 2014 and a shrinkage of about 5% in economic value since the fourth quarter of 2019. This decline is evident in job losses – particularly in sectors such as textiles and clothing manufacturing – and the value of manufacturing output, which remains weak, owing to factors such as low domestic and export demand, as well as logistical challenges.

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