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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

World Bank Group launches global platform to improve water security for a billion people

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A new global platform has been launched to help improve water security for one-billion people by 2030, and expand reliable water services and strengthen systems against droughts and floods, essential conditions for job creation. The Water Forward platform, unveiled by the World Bank Group in partnership with multilateral development banks (MDBs), development finance institutions (DFIs) and key partners, aims to align country policy reforms, financing and partnerships to scale delivery.

German, South African organisations launch project to support workers in the energy transition

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German political foundation Friedrich-Ebert-Stiftung South Africa (FES SA), in partnership with the South African nonprofit organisation (NPO) the Sam Tambani Research Institute (SATRI), on April 14 launched the Strengthening Workers’ Active Participation in South Africa’s Just Transition project (SWAP). The project’s objective is to strengthen the capacities of at-risk workers, communities and community-based associations and organisations (CBAOs) to negotiate with local authorities and the private sector in Mpumalanga, KwaZulu-Natal and Limpopo for a just and worker-centric transition from coal to renewable energies and low-emission green value chains.

BYD launches new ATTO 8 plug-in hybrid in South Africa

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Chinese new-energy vehicle (NEV) and technology company BYD has launched its new seven-seater plug-in hybrid electric vehicle (PHEV) sports utility vehicle (SUV), the ATTO 8, in South Africa. The ATTO 8 features fifth-generation Dual Mode (DM) Super Hybrid Technology and is available in two variants – the Premium DM-i and the Performance DM-p editions.

Ramaphosa says fixing local governments key to South Africa’s development

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Economic growth is an outcome of a well-functioning system and unlocking local economic development requires fixing service delivery, which requires fixing governance, President Cyril Ramaphosa noted in an address to the 2026 National Local Economic Development Summit, in Boksburg, on April 15. Local economies must be re-engineered with small business growth at the centre, he stated, adding that local government is the engine room of development and that metro, district and local municipalities must see themselves as incubators of economic activity.

IMF says war should spur faster adoption of renewable energy

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The International Monetary Fund (IMF) says the war in the Middle East, which has precipitated an energy crisis similar in scale to the 1970s oil crisis, should spur countries to accelerate their adoption of renewable energy to strengthen their resilience to energy shocks. Speaking at the release of the latest World Economic Outlook (WEO), chief economist Pierre-Olivier Gourinchas said the diversification of energy sources to protect economies from price hikes and supply disruptions was one of the key lessons from the 1974 crisis.
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