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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

Eskom reports no new breaches in online vending system

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State-owned power utility Eskom says there are no new issues regarding the Online Vending System (OVS) breach, which had first been disclosed during its financial results briefing in December 2024. Further, as part of its turnaround strategy, Eskom says it remains committed to being transparent with the South African public.

BLSA welcomes Mothibi's appointment as National Director of Public Prosecutions

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Business organisation Business Leadership South Africa (BLSA) welcomes the appointment of Advocate Jan Lekgoa Mothibi as the National Prosecuting Authority’s (NPA’s) National Director of Public Prosecutions (NDPP). “BLSA believes Mothibi’s extensive record within the criminal justice system make this an appropriate and relevant appointment that will ensure the NPA is able to continue its vital role in preparing and conducting criminal prosecutions.

South Africa relaxes laws to salvage firms hit by power costs

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South Africa eased antitrust rules to allow competitors in industries hit by high power costs to cooperate on negotiating cheaper power supply in a bid to prevent their total collapse, a move that potentially helps the country’s ailing ferrochrome industry. Trade, Industry and Competition Minister Parks Tau changed the scope of an energy users’ block exemption in the Competition Act in regulations published January 5, allowing firms operating in “industries in distress” to jointly negotiate buying energy, share ownership of backup generation capacity and collectively work with suppliers as long as no price-fixing of goods and services takes place.

China's top diplomat heads to key strategic points in Africa

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China's top diplomat began his annual New Year tour of Africa on Wednesday, with a focus on the strategically important east, as the world's No.2 economy seeks to reinforce its influence on the continent. Foreign Minister Wang Yi will travel to Ethiopia, Somalia, Tanzania and Lesotho on this year's trip.

Oil prices firm as investors weigh supply outlook and Venezuelan uncertainties

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Oil prices rose on Tuesday as the market weighed expectations of ample global supply this year against uncertainty around Venezuelan crude output after the US capture of President Nicolas Maduro.  Brent crude futures gained 46 cents, or 0.74%, to $62.22 a barrel by 1407 GMT while US West Texas Intermediate crude rose 41 cents, or 0.7%, to $58.73.
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