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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

Opinion: South Africa’s steel debate is still too narrow

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In this article, South African Iron and Steel Institute secretary general Charles Dednam writes that South Africa must look beyond only the volumes of steel being imported into the country and should also consider how much of the country's manufacturing base is being displaced by imported goods made from steel elsewhere?

Swedfund invests $5m more into TLG II impact fund to support SMEs

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Sweden development finance institution Swedfund is investing an additional $5-million in TLG Africa Growth Impact Fund II (TLG II) to further support the preservation and creation of decent jobs in small and medium-sized enterprises (SMEs) that otherwise struggle to access financing. SMEs play an important role in job creation and local economic growth across Africa, but often struggle to access loans that meet their needs. Many are viable and have the potential to grow, but need financing on terms that are sustainable with their expected growth.

National Treasury withholds July funds to 70 municipalities ‘to instil fiscal discipline’

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National Treasury is temporarily withholding the July equitable share transfers to 70 municipalities across all nine provinces in an effort to “instil fiscal discipline and ensure that public money is properly managed”. Treasury says the goal is also to address unauthorised, irregular, fruitless and wasteful expenditure, and to ensure that municipal officials and office-bearers are held accountable for their management of public funding.

Collective bargaining provides stability and certainty in the industry – Seifsa

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The three-year wage agreement concluded in the metals and engineering industry in 2024 was reached during a period of significant economic pressure for the industry, but, despite these challenges, the sector experienced a relatively stable industrial relations environment over the past three years, says employer organisation the Steel and Engineering Industries Federation of Southern Africa (Seifsa). Employers have been able to plan with greater certainty and employees have benefited from a structured collective bargaining process. This stability is the result of engagement, negotiation and compromise between organised business and organised labour, says Seifsa executive director Lucio Trentini.
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