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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

Macpherson commits to transparent DPWI, cooperation for infrastructure-led development

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Public Works and Infrastructure Minister Dean Macpherson, in an address to the National Council of Provinces on July 23, committed to ensuring that his department would be transparent so as to build public trust and be held accountable to deliver infrastructure-led development. "We want to bring new hope to the country and see the department play a leading role in facilitating a resurgence of economic growth through infrastructure-led development.

Eskom again moots 20 GW clean-energy build programme

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Eskom will replace its declining coal capacity with clean-energy options in line with country policy and the Just Energy Transition, Eskom GM for primary energy Dan Mashigo told participants at a conference on coal and the energy transition. Speaking on behalf of Eskom CEO Dan Marokane, Mashigo reported that the State-owned company had a 20 GW-plus generation project pipeline, including 6 GW of solar PV, 4 GW of hybrid wind-PV-battery projects, 4 GW of gas-to-power, 3 GW of nuclear and 3.5 GW of hydro, wind and battery storage.

CTCT receives 15 new haulers as part of fleet replacement

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The Cape Town Container Terminal (CTCT) has taken delivery of 15 new haulers, a portion of an expected consignment of 47 new haulers that is scheduled to reach the terminal at the end of this month. This follows the arrival of 10 haulers at the terminal last month. The CTCT says the haulers are key in moving containers within the terminal and are expected to significantly boost operational recovery at the terminal after operations were affected by the recent inclement weather.

Preference Capital launches Merchant Cash Advance loan product

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Specialist owner-managed businesses financial services firm Preference Capital, under its Cash Flow Capital brand, has launched the Merchant Cash Advance loan product, which offers a quick and flexible short-term capital injection. The product allows merchants to seize opportunities when they present themselves; whether to buy stock, upgrade equipment or explore new ventures.
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