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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

Trade conditions remained tight in June – Sacci

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The crude oil price returning to about $72/bl at the end of June had positive effects on business and particularly on general trade conditions for the month and improved trade expectations, reports business organisation the South African Chamber of Commerce and Industry (Sacci). Sales prices remained stable in June, although the general price level, or inflation, partially started to reflect the full fuel price impact in May, Sacci says in its 'Trade Conditions Survey’ for June.

Rooftop solar could save municipalities billions on bulk electricity purchases

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By adopting a cooperative rather than an oppositional stance towards rooftop solar, Gauteng municipalities in particular have an immediate opportunity to reduce the cost of their bulk purchases of electricity, a new report shows. This cost saving could be amplified materially through the introduction of incentives to scale up installations and by leveraging leased battery energy storage systems (BESS).

Sasol says Secunda output at five-year high after coal destoning project

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JSE-listed energy and chemicals group Sasol reported that its Secunda Operations, in Mpumalanga, achieved its highest annual production in the past five years during the 2026 financial year to June 30. In a statement to shareholders, Sasol attributed the performance to the implementation of a coal destoning project, as well as increased natural gas availability and stable operations at Secunda during the fourth quarter.

Goldman sees Brent exceeding $120/bbl in Q4 if Hormuz disruptions persist

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Goldman Sachs said on Monday that Brent crude could top $120 a barrel in the fourth quarter this year and average $100 a barrel next year if flows through the Strait of Hormuz remain disrupted and Gulf output only fully recovers by the end of 2027. Oil prices softened on Tuesday, with markets weighing reports of mediation efforts between the US and Iran against an exchange of fresh attacks between the two and threats of a naval blockade of Saudi Arabia by Yemen's Houthis.

Tau stresses importance of the defence industry

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Trade, Industry and Competition Minister Parks Tau has lauded the South African defence industry’s (SADI’s) contribution to the national economy. He was delivering the keynote address at the Defence Industry Lekgotla, being held at the Council for Scientific and Industrial Research’s International Convention Centre, in Pretoria, on Monday. “South Africa’s defence industry is not a niche sector standing apart from our industrialisation programme,” he highlighted. “It is one of its most advanced expressions. It sits at the frontier of manufacturing precision, systems engineering and technology sovereignty.”
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