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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

Sasol appoints Rhidwaan Gasant as nonexecutive director

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JSE-listed energy and chemicals company Sasol has appointed Rhidwaan Gasant as independent nonexecutive director with effect from February 1. He satisfies the independence requirements for directors under applicable requirements in South Africa and the US, the company notes.

Emergency relief funds committed to assist Knysna to alleviate water challenges

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The Department of Water and Sanitation (DWS) plans to avail an emergency relief allocation of R20-million from reprioritised water services infrastructure grants to Knysna municipality, together with the provision of technical capacity aimed at developing groundwater resources to alleviate the current strain placed on available surface water resources in the Knysna water supply system. Knysna’s water supply system is currently facing critical water challenges owing to a severe localised drought affecting the Garden Route belt in the Western Cape.

Outa says second extension of Sanral board’s tenure hampers governance

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Civil society organisation the Organisation Undoing Tax Abuse (Outa) says the second extension of the tenure of the board overseeing the State-owned South African National Roads Agency Limited (Sanral) for a further two years indicates that what should have been a short, caretaker measure has become standard practice, which has consequences for governance. The current Sanral board had previously had its tenure reinstated for a second three-year stint, which had been the first extension.

Nelson Mandela Bay water crisis deepening as maintenance efforts fall short – business chamber

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The Nelson Mandela Bay Business Chamber has relaunched its Adopt A School initiative in reaction to “the rapid and ongoing loss of water in the metro”, which it says “is once again edging towards a potential water management crisis”. The overall levels of the dams feeding the metro have dropped below the critical 50% mark, with only 39.75% of usable water currently available.

Global supply chains enter era of structural volatility – WEF

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Global value chains have entered an era of structural volatility and nearly three in four business leaders now prioritise resilience investments, with 74% viewing resilience as a driver of growth, says international finance organisation the World Economic Fund (WEF). This is forcing companies and governments to reevaluate how and where they invest and produce, the WEF 'Global Value Chains Outlook 2026: Orchestrating Corporate and National Agility' report states.
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