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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

Key data suggests South Africa GDP grew for third straight quarter

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South Africa’s economy probably expanded for a third successive quarter, buoyed by recoveries in the key manufacturing and mining sectors, although US tariffs now pose a fresh challenge to growth. Analysts polled by Bloomberg from August 8 to 13 expect the economy to expand 0.4% when second quarter gross domestic product is published on September 9, compared with 0.1% in the prior three months.

Western Cape government plans to build two new hospitals, redevelop one

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The Western Cape Department of Health and Wellness (DHW) plans to complete three hospital projects by 2033. The Klipfontein and Belhar regional hospitals are both planned as new facilities that will strengthen the province’s regional hospital network and ease the pressure on existing facilities, says a departmental spokesperson.

South Africa nears decision on steel tariffs amid import influx

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South Africa's government will release the preliminary findings of its review of steel tariffs next week, moving a step closer to protecting the local industry from increased imports. The review was initiated by the International Trade Administration Commission (ITAC) in March, following a ministerial directive.

Vodacom/Maziv deal gets thumbs up

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South Africa’s Competition Appeal Court has green lighted Vodacom Group’s proposed acquisition of a 30% stake in Maziv. Maziv houses all Community Investments Ventures Holding’s (CIVH’s) fibre assets, including Vumatel and Dark Fibre Africa.
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