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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

Spar Group to introduce voluntary severance programme

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Retailer the SPAR Group has announced that it will introduce a voluntary severance programme (VSP) as part of a broader initiative to enhance operational efficiency and competitiveness, assuring that this process will not affect the group’s retailers or the services provided to the retail network. The programme is part of Spar’s continuous efforts to align its cost base with current trading conditions and to ensure the organisation is properly structured to support its operational priorities.

Subdued demand conditions weigh on manufacturing sentiment, Absa reports

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Business confidence in the manufacturing sector came under renewed pressure during the first quarter, with lacklustre demand weighing on sentiment, Absa's latest Manufacturing Survey shows. The headline index number declined by nine index points quarter-on-quarter to 30 in the first quarter. Sales volumes, orders and selling prices all experienced substantial declines.

Africa must professionalise infrastructure delivery – Project Management Institute

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As governments in Africa accelerate infrastructure investment, including under the Programme for Infrastructure Development in Africa (PIDA), the region faces a 57% talent gap in construction project professionals by 2035, which is one of the highest rates globally, says construction professionals association the Project Management Institute (PMI). Demand for construction project professionals across sub-Saharan Africa is projected to rise from about 260 000 in 2025 to more than 410 000 by 2035, which will leave a shortfall of nearly 150 000 professionals.
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