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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

Treasury says upgrades show path to investment grade

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South Africa’s recent credit-rating upgrades are a strong endorsement of government policy and show the nation can restore its coveted investment-grade status if it stays on track, said the National Treasury chief. “This is a clear change of direction in our ratings trajectory after more than a decade of negative ratings news,” Duncan Pieterse wrote in an op-ed published on News24 Thursday. “It could ultimately see South Africa regain its investment grade status — if it continues to do the right things on fiscal and economic policy.” Fitch Ratings raised its credit assessment of South Africa on June 5 to BB, two notches below investment grade, delivering the upgrade before putting the rating on a positive outlook as it often does before taking such a step.

Researchers highlight road design, maintenance and behaviour as contributors to road incidents

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The effectiveness of the designs of roads for their actual use, the maintenance of road infrastructure to ensure its effective functioning as road users expect and the behaviour of road users all contribute to the high rate of road safety incidents in South Africa. This was noted by road infrastructure and transport engineers and researchers, who presented their research during a discussion hosted by engineering consulting company GIBB Group CEO Vishaal Lutchman, the Academy of Science of South Africa (ASSAf) and the South African Academy of Engineering (SAAE) on June 11.

New liver perfusion technology offers hope amid South Africa’s organ shortage crisis

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Private academic hospital the Wits Donald Gordon Medical Centre (WDGMC) has, in partnership with nonprofit organisation Surgeons for Little Lives and used-car retailer Weelee, introduced an innovative liver perfusion machine, becoming the first transplant centre in Africa to implement this technology for liver transplantation. This technology is vital to keeping donor livers viable outside the body while clinicians assess, monitor and actively improve the condition of the organ before transplantation.

DBSA eyes bigger energy sector role as Africa seeks bankable infrastructure projects

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State-owned development finance institution the Development Bank of Southern Africa (DBSA) is positioning itself as a key enabler of South Africa’s energy transition and infrastructure development objectives, and its executives highlight the need for more bankable projects, stronger transmission networks and blended finance solutions ahead of this year’s African Energy Forum (AEF), set to take place in Cape Town from June 16 to 19. DBSA programmes group executive Dr Phindile Masangane and DBSA chief investment officer Greg Fyfe each highlight that the institution aims to use the forum to deepen engagement with policymakers, investors and project developers across Africa.

Grid expansion, management critical as South Africa’s electricity sector decentralises

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Improved cost efficiencies, shifts in legislation and policy enablers towards an open market continue to support South Africa’s investment in renewable-energy projects, Standard Bank Corporate and Investment Banking head of power and renewables Rentia van Tonder tells Engineering News. In an interview ahead of this year’s Africa Energy Forum (AEF), to be held in Cape Town from June 16 to 19, she pointed out that, with open access, enabling policies and the emergence of alternative options around energy trading, corporate entities were increasingly shifting their focus to flexibility, cost efficiency and the sustainability of energy supply.
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