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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

Manufacturing, mining weigh on second-quarter economic growth; GDP contracts by 0.2% q/q

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South Africa’s gross domestic product (GDP) contracted by 0.2% quarter-on-quarter for the second quarter, following growth of 0.4% in the first quarter of the year, Statistics South Africa (Stats SA) reports.  The manufacturing industry contracted by 1.8%, contributing -0.2 of a percentage point, to the overall GDP figure. Seven of the ten manufacturing divisions reported negative growth rates. The largest negative contributions were reported for the food and beverages; furniture and ‘other’ manufacturing; and basic iron and steel, nonferrous metal products, metal products and machinery divisions.

Corporate PPAs to outpace public procurement in South Africa for first time in 2026 – BNEF

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Corporate power purchase agreements (PPAs) are set to drive more utility-scale renewable additions in South Africa than government auctions for the first time in 2026, a new publication by BloombergNEF (BNEF) states. In its 'South Africa Transition Factbook 2026', BNEF says it expects corporate buyers to support 73% of the 2.3 GW of anticipated solar and wind additions.

Dr Mncane Mthunzi appointed naamsa CEO

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Industry organisation naamsa | The Automotive Business Council has appointed Dr Mncane Mthunzi CEO, effective from September 7. naamsa says his appointment comes at a defining moment for South Africa's automotive industry.

Armscor and Denel boards hold their first-ever joint meeting

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Defence acquisition agency Armscor, and defence industrial group Denel, both State-owned organisations which fall under the aegis of the Minister of Defence and Military Veterans, have, for the first time ever, held a joint meeting of their boards. The event was hosted by Armscor in its Head Office and was presided over by new Secretary of Defence Bereng Mthimkhulu, who emphasised the structural interdependence of the two entities and their role in maintaining the country’s sovereign defence capabilities. Armscor’s essential role is to convert the South African National Defence Force’s (SANDF’s) operational requirements into relevant acquisition projects.

Nelson Mandela Bay faces critical technical skills shortage – business chamber

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The manufacturing sector in Nelson Mandela Bay is facing a technical skills shortage that is constraining the region’s ability to grow, attract investment and create jobs. That is the key indicator emerging from the 2026 ‘Nelson Mandela Bay Manufacturing Skills Audit’ report, which reveals a widening disconnect between the skills available in the metro and those required by its manufacturing economy.
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