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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

Sasol CEO sees chemical business potentially listing by 2028

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Sasol CEO Simon Baloyi said the South African company may spin off its international chemicals business as soon as 2028, depending on how quickly profit grows. Shares of the fuel and chemicals firm have gained about 47% this year — heading for its best performance since 2021 — as Baloyi, who became CEO last year, focuses on increasing output from the Secunda manufacturing hub in South Africa and turning around the international chemicals division ahead of a potential listing. That part of the company includes the $12.8-billion sprawling Lake Charles complex in Louisiana.

Transnet celebrates 200th modern locomotive produced in fleet renewal programme

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Transnet has reached a significant milestone in its modernisation programme with the two-hundredth Traxx 23E locomotive having rolled off the assembly line at Transnet Engineering’s project site in Durban, together with partner company Alstom.   The development is regarded as pivotal to South Africa’s industrial and economic recovery.

South African Human Rights Commission calls for resolution of Gauteng water crisis

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The South African Human Rights Commission (SAHRC) on Friday called on all stakeholders to act with urgency to address the water crisis in Gauteng. Over the last five months, the commission’s Gauteng Provincial Office (GPO) has received multiple complaints relating to prolonged water outages in several areas across the province.

China signs agreement to revamp TAZARA railway in Zambia

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China signed a $1.4-billion agreement with Zambia and Tanzania on Thursday to modernise the TAZARA railway linking landlocked Zambia to the Indian Ocean. The railway, financed by China in the 1970s to facilitate copper exports and fuel imports through Tanzania, remains a critical trade route and is widely seen as countering the U.S. and EU-backed Lobito Corridor - a route from Angola through Zambia to the Democratic Republic of Congo.

B20 Task Force provides blueprint for reinvigorating manufacturing

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To counter sluggish global growth and rising trade fragmentation, deeper and more sustainable industrialisation is increasingly viewed as the ideal route to inclusive development, prompting the high-level Business 20 (B20) South Africa Industrial Transformation and Innovation Task Force to develop a report outlining recommendations to accelerate this shift. Centred on revitalising manufacturing as a driver of resilience, the report offers three key recommendations: driving industrial growth through strategy and innovation, broadening and deepening value chain capabilities, and adopting sustainable technologies and digitalisation.
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