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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

Invicta lifts earnings, cash reserves despite weak industrial conditions

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JSE- and A2X-listed industrial investment group Invicta Holdings has reported a rise in headline earnings and stronger cash reserves for the six months ended September 30, delivering a 15% increase in headline earnings per share (HEPS) to R2.65 and a 19% increase in sustainable HEPS to R2.85. The company reported cash on hand of R931-million, with net asset value per share up 3% to R60.90. Meanwhile, revenue rose by 6% and the gross profit margin held steady at 32%.

PPC grows interim revenue, earnings, Ebitda as turnaround gains momentum

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JSE-listed cement and building materials manufacturer PPC has reported a 6.2% year-on-year increase in revenue and a 23.5% year-on-year increase in earnings before interest, taxes, depreciation and amortisation (Ebitda) for the six months ended September 30. The group also posted earnings per share (EPS) and headline earnings per share (HEPS) of 25c, up from the EPS and HEPS of 22c reported for the six months ended September 30, 2024.

COP30 seals uneasy climate deal that sidesteps fossil fuels

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Brazil's COP30 presidency pushed through a compromise climate deal on Saturday that would boost finance for poor nations coping with global warming but that omitted any mention of the fossil fuels driving it. In securing the accord, Brazil hoped to demonstrate global unity in addressing climate change impacts even after the world's biggest historic emitter, the United States, declined to send an official delegation.

South Africa's G20 debt focus to be tested as US takes the chair

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The G20's leadership is heading away from the Global South just as debt problems in poorer countries threaten to flare again, testing whether the group's ambitions on debt relief will translate into action under a United States presidency. South Africa on Sunday handed the G20 presidency over to the United States, completing a run of four major emerging economies, including Indonesia, India and Brazil, steering the group, years in which debt sustainability across developing nations became an increasingly prominent priority. 
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