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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

Japan’s Marubeni Corporation acquires TiAuto Investments

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Japan-based trading and investment company Marubeni Corporation has acquired South Africa’s automotive retail and services group TiAuto Investments. Founded in 1967, TiAuto is an automotive aftermarket business operating a portfolio of brands including Tiger Wheel & Tyre, Tyres & More and Treads Unlimited.

Afrimat completes disposal, meets obligations of Lafarge acquisition

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JSE-listed mining and construction materials company Afrimat has disposed of certain general aggregates quarries and readymix concrete plants across South Africa to investment vehicle Saturc. The disposal price was R215-million, which includes a cash amount of R160-million and the balance of R55-million being payable over three years, subject to the fulfilment of certain financial and operational conditions.

Safety concerns mount as crash tests deliver yet another set of worrying results – AA

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The newest #SaferCarsForAfrica crash tests have revealed a worrying trend of sub-standard safety in entry-level vehicles across various price points, says the Automobile Association of South Africa (AA). The Global New Car Assessment Programme (Global NCAP) this week awarded the entry-level version of the GWM Jolion a two-star crash test rating, while the range-entry Kia Sonet received a disappointing one star.

Building confidence drops by a further 4 points in the second quarter

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After slipping by one point to 42 index points in the first quarter of this year, the business mood in the building sector fell by a further four points to 38 in the second quarter, the FNB/BER Building Confidence Index shows. This level indicates that more than 60% of respondents across the building sector value chain are dissatisfied with prevailing business conditions.

Water Committee raises alarm over municipal failure to implement corrective action plans

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The Portfolio Committee on Water and Sanitation has expressed concern over water services authorities’ continued non-compliance in submitting and implementing corrective action plans. This undermines commitments from roleplayers to implement the resolutions adopted at the National Water and Sanitation Indaba, said committee chairperson Leon Basson during a briefing on the 2025 Full Green Drop, Blue Drop and No Drop Progress reports.
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