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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

Western Cape developing energy sustainability through renewables ahead of schedule

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Western Cape Premier Alan Winde highlighted on Wednesday that South Africa still faces an energy crisis. Although loadshedding (scheduled rotating power cuts) has stopped, the country is still dependent on an ageing fleet of coal-fired power stations, he pointed out, while delivering the opening address for the Solar & Storage Live Cape Town 2025 conference and exhibition, being held at the Cape Town International Convention Centre. “My theme is – never, ever, waste a crisis!” he asserted, citing the example of Cape Town’s Day Zero water crisis, when, during the 2017-18 drought, the city came within 14 days, he reported, of completely running out of water. It didn’t, because Cape Townians changed their behaviour. Before the crisis, the city, then with a population of 4-million people, had used 1.2-billion litres of water a day (l/d). Today, with a population for 5-million (25% larger), the city used 800-million l/d of water.

Bidders sought for seafood cold storage terminal at Port of Cape Town

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A competitive bidding process has been launched for the selection of a terminal operator to construct and manage a break bulk facility for the cold storage of fish and related products on a brownfield site at the Port of Cape Town. The request for proposals (RFP) has been issued by the Transnet National Ports Authority for a terminal operator to finance, refurbish, construct, operate and maintain the facility over a 10-year concession period.

Court order confirming R54bn Nersa-Eskom settlement delayed following AfriForum intervention

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The court order confirming the controversial R54-billion settlement between Eskom and the National Energy Regulator of South Africa (Nersa) has been delayed after the High Court granted AfriForum’s request to intervene as a respondent in the matter. On August 27, Nersa announced that a settlement had been reached after agreeing that it had made calculation errors when adjudicating Eskom’s most recent allowable revenue application; one that gave rise to its approval of tariff increases of 12.74%, 5.36% and 6.19% for Eskom’s 2026, 2027 and 2028 financial years respectively.

Nearly 80% of township businesses unregistered, holding back their growth potential, report shows

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Despite being worth almost R1-trillion and creating significant employment opportunities, South Africa’s township informal economy largely remains underserved by traditional financial institutions. With this in mind, Standard Bank released its inaugural ‘Township Informal Economy Report’ on October 14, providing insights into the sector and highlighting both the resilience of township entrepreneurs and the systemic barriers that continue to hold them back.
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