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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

PIC approves landmark gas strategy to power South Africa’s energy transition

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Fund manager the Public Investment Corporation (PIC) has approved a landmark Strategy on Natural Gas, marking a pivotal step towards bolstering South Africa's energy security and accelerating the country’s decarbonisation agenda. The strategy is engineered to help secure a stable gas supply, directly supporting South Africa’s critical transition towards cleaner energy sources, it says.

Solidarity concerned about govt inaction as widescale retrenchments loom

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Trade union Solidarity has warned that hundreds of thousands of jobs are at risk before Christmas and in the new year, followed “unfruitful” discussions with government during a meeting with the National Economic Development and Labour Council (Nedlac). As many as 800 000 indirect and direct jobs may be affected if government does not urgently fulfil its promises, says Solidarity CEO Dirk Hermann.

New industry-led GasHub created to pool demand and catalyse new supply

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Twenty-two industrial gas users from the glass, metal, food manufacturing, mining and chemical sectors have formally launched a demand aggregator known as GasHub in a bid to develop the consolidated market required to catalyse alternative sources of supply to avert a ‘gas cliff’. Gas flows to domestic consumers from Sasol’s Pande and Temane gasfields in Mozambique will be halted in 2028 and then supplemented by methane-rich gas produced from coal as a bridging solution for a further two years.

Denel assures that its restructuring is going well

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Long-troubled State-owned defence industrial group Denel assured, on Thursday, that its latest restructuring is giving “encouraging” results. The group further assured that it is receiving “significant support” from the Department of Defence, to which Denel now reports, and which now acts as the company’s shareholder. “Denel is emerging from a challenging period in its history but is quite confident that it is well on its way to recovery,” affirmed the group, in a statement. “It is currently undertaking a critical turnaround to optimise operations, bolster delivery capacity and rebuild trust among industry partners, employees, organised labour, suppliers and end-users within the defence sector.”
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