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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

South Africa’s electro-mobility skills pathway progressing – RMI

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An important milestone has been reached in the development of South Africa’s nationally recognised electro-mobility skills pathway, following the Quality Council for Trades and Occupations’ (QCTO’s) approval of the Electro Mobility Service Assistant Occupational Skills Programme. The Retail Motor Industry Organisation (RMI) says the National Qualifications Framework Level 2, 57-credit programme provides a foundational entry point for safe participation in an electro-mobility environment, including high-voltage awareness, safe working practices and the appropriate use of tools, diagnostic equipment and workshop machinery.

Ford South Africa calls for level playing field against importers

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The South African automotive manufacturing industry requires policies and regulations that will allow local manufacturers to compete on equal footing with importers, says Ford Motor Company Africa Operations president Neale Hill. He says the ongoing refinement of support programmes such as the second phase of government’s Automotive Production and Development Programme (APDP2) must ensure that the companies investing capital in local manufacturing are not placed at a structural disadvantage to importers.

Omnia receives R21.8bn buyout bid from India-headquartered group

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JSE- and A2X-listed Omnia has announced that Solar SA Investments has made an offer to acquire all of Omnia’s issued ordinary shares in an all-cash transaction valued at R21.8-billion, after which Omnia’s shares will be delisted from the JSE and A2X markets. This follows only days after Omnia on September 11 informed shareholders that it was in discussions with a then unnamed party regarding a potential offer.

BLSA CEO calls for confidence, investment to improve GDP growth

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South Africa’s economy contracted by 0.2% in the second quarter, with trade, manufacturing and mining all shrinking. These figures underscore the point that reform creates conditions for growth but it does not guarantee it, business organisation Business Leadership South Africa (BLSA) CEO Busi Mavuso writes in her latest weekly newsletter. Agriculture grew slightly in the period, while electricity and transport provided more upside support.
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