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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

Afrimat Construction Index continues recovery in the third quarter

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The Afrimat Construction Index (ACI) recorded a double-digit quarter-on-quarter increase for the third quarter, representing a significant improvement over the second-quarter results. This composite index of activity levels in the building and construction sectors is compiled every quarter by economist Dr Roelof Botha on behalf of Afrimat.

Hydrogen to keep on growing as it emerges from hype cycle; China rapidly driving down costs

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The hydrogen sector may have been in a hype cycle for the last few years, but the fundamentals around the global energy market have not changed – the need for clean and localised energy and a just energy transition remain, says Dr David Hart. Hart, who does work for H-ETA and ERM, spoke on a number of hydrogen-related issues at a Nedbank-hosted hydrogen roundtable held in Cape Town last week.

Poland to join US-hosted G20 Summit as South Africa is shunned

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The US is inviting Poland to the next Group of 20 (G20) Summit — and plans to shun South Africa — when President Donald Trump hosts the forum of the largest global economies in 2026, Secretary of State Marco Rubio said. The G20 brings together world leaders for an annual gathering, the agenda of which is largely set by the host nation. In addition, the hosts have wide latitude to invite guests to the table — invitations that are widely prized by diplomats from smaller countries and emerging economies.

Vodacom Group increases Safaricom shareholding in R36bn deal

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Vodacom Group has entered into an agreement with Kenya’s government to acquire 15% of Safaricom and an additional 5% from Vodafone at KES34 a share, in a deal valued at $2.1-billion, or R36-billion. This will increase Vodacom’s stake in Safaricom – which will remain listed on the Nairobi Stock Exchange – from 35% to 55%, subject to requisite approvals from regulatory and governmental authorities in Kenya, Ethiopia and South Africa.
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