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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

National Water Action Plan must prioritise technical skills, says Cesa

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In the wake of the release last month of the National Water Action Plan (NWAP) by President Cyril Ramaphosa, Consulting Engineers South Africa’s (Cesa) has warned that infrastructure investment and institutional reform will only deliver results if South Africa urgently closes the technical skills gap in its water and wastewater sector. In line with this, the organisation is calling on national and provincial governments, municipalities, water boards and the private sector partners implementing the NWAP to incorporate structured, ongoing technical training into all phases of the rollout, from the immediate stabilisation of failing systems to the long-term institutional reforms the National Water Crisis Committee (Watercom) has been mandated to drive.

Ramaphosa calls for common market in SADC to develop industries

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The 16 Southern African Development Community (SADC) countries, with a combined population of nearly 400-million people, have abundant natural resources, a youthful population and the means to produce everything that its people need, says South African President Cyril Ramaphosa. SADC needs to create a dynamic common market in which countries trade. No country in the region can build an integrated power system, develop cross-border corridors, manage shared water resources or withstand the full force of climate change on its own.

South Africa to finalise rules for R150tr OTC derivatives market by 2028

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South Africa’s financial regulators plan to finalise new rules requiring over-the-counter (OTC) derivatives to be centrally cleared in the next two years to improve transparency and reduce risk. “It is envisaged that the final rules will come into effect by 2028,” the South African Reserve Bank said in an emailed response to Bloomberg questions. “However, the ability of market participants to comply with the OTC central clearing rules will be subject to the licensing and operationalisation of an appropriate central counterparty.”

Mavuso not confident in commitment of Eskom leadership to reforms

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Business Leadership South Africa CEO Busisiwe Mavuso – who has had an ongoing public disagreement with Eskom’s chairperson Mteto Nyati over the creation, with the transmission assets, of an independent Transmission System Operator (TSO) – says she does not have confidence that the current Eskom leadership is committed to government’s reforms. Writing in her weekly newsletter, Mavuso slammed those who she described as “reform resisters”, taking particular aim at the Eskom board’s current approach to the unbundling of the TSO, as well as the National Union of Mineworkers’ legal challenge to the restructuring.

Conflating power and gas cliffs will lead to sub-optimal outcomes, energy specialist warns

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South Africa’s response to the gas-supply cliff, which will arise as supply to industrial users from Mozambique falls away later this decade, should be treated separately from the country’s moves to shore-up electricity supply as coal stations are decommissioned, because conflating the two will result in sub-optimal outcomes. This argument, which runs counter to the prevailing policy response, is being advanced by Naimon Capital executive director Roland Tatnall, who has 25 years of experience across the energy value chain, including as Exxaro’s one-time energy MD, as well as as an investor and adviser.
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