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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

Modern grid needed as more renewable energy comes online – SAPVIA

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South Africa has an installed solar PV capacity of 10.2 GW, 72 GW of renewable-energy projects at an advanced stage of development and a pipeline of 220 GW of renewable-energy projects. However, the industry has reached a critical bottleneck, says industry organisation South African Photovoltaic Industry Association (SAPVIA) technical and policy manager Sim Khuluse.

Costs, imports eat away at Mpact’s profits but 2026 is poised for growth

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After experiencing a demanding period in the year ended December 31, 2025, JSE-listed paper and plastics packaging and recycling company Mpact has managed to grow underlying earnings before interest, taxes, depreciation and amortisation by 1.2% year-on-year to R1.5-billion. The group reported 5% higher revenue year-on-year at R14-billion but lower headline earnings per share of R3.07, compared with R3.24 in the prior year.

Building confidence index remains stable – FNB/BER

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The Building Confidence Index, published by financial services firm FNB and research organisation the Bureau for Economic Research (BER), remained relatively stable in the first quarter of the year, decreasing by one point quarter-on-quarter to 42 index points. Quarter-on-quarter, the confidence expressed by building main contractors increased by 11 points, that of quantity surveyors by seven points and subcontractors' confidence increased by five points.

BLSA calls for more convictions following first major State capture conviction

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Progress on improving accountability is finally materialising South Africa; however, the pace is still too slow, business organisation Business Leadership South Africa (BLSA) CEO Busi Mavuso writes in her latest weekly newsletter. “Last week’s sentencing of former ANC MP Vincent Smith to seven years’ imprisonment represents the first major State capture conviction, a breakthrough after years of waiting for justice,” she explains.

Lyra Energy begins construction of R4bn Thakadu solar PV plant

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Construction has started on Lyra Energy’s inaugural 255 MW Thakadu solar PV plant, located on the border of South Africa’s Free State and North West provinces, after the R4-billion project reached financial close. In February, Lyra Energy announce that it had entered into power purchase agreements with three private anchor offtakers for a large portion of the electricity to be produced by the Thakadu facility, which is Lyra’s flagship project.
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