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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 Water Rights Tracker provides comprehensive, evidence-based view of S Africa’s water ...

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The South African Human Rights Commission (SAHRC) and the Claude Leon Chair in Earth Justice and Stewardship at the University of the Witwatersrand (Wits) have launched a Water Rights Tracker (WRT), laying bare the water crisis. The five-year research project profiled all 144 water services authorities across the nine provinces of South Africa, bringing together a wide range of national, provincial and municipal data to create a clear picture of water service delivery across the country.

Fiscal support for Budget Facility for Infrastructure gains momentum

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The National Treasury will direct R20-billion of the projected R70.8-billion revenue overrun for the coming two years towards the Budget Facility for Infrastructure (BFI) pipeline. Director-general Dr Duncan Pieterse said this ringfenced amount for the BFI took account of the fact that government was currently meeting its fiscal target and that, besides building a R10-billion contingency reserve buffer, it was seen as sensible to direct the bulk of the revenue overrun towards public infrastructure.

Fiscal-anchor legislation released for comment to protect ‘hard-won gains’

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Finance Minister Enoch Godongwana used the occasion of the 2026 Medium-Term Budget Policy Statement (MTBPS) to release draft legislation for public comment aimed at integrating a principles-based fiscal anchor as a requirement for future administrations, but without introducing a rigid numerical rule. Speaking to lawmakers against the backdrop of a narrowing in the main Budget deficit and a stabilisation in the debt-to-GDP ratio, Godongwana argued that the “hard won gains we have made must be protected”.

R10bn in temporary fuel-levy relief announced amid record fuel prices

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Finance Minister Enoch Godongwana announced another round of temporary reductions to the fuel levy in response to a surge in fuel prices to record levels, following global disruptions to supply that have arisen after the US and Israel declared war on Iran earlier in the year. The fuel levy for diesel will be reduced by R3 a litre from November 4 to December 1, 2026, while the fuel levy applicable to petrol will be reduced by R1.50 a litre over the same period.
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