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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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Digital VAT will use electronic invoicing, reporting – SARS

The South African Revenue Service (SARS) has called for comment on the value-added tax (VAT) Modernisation Consultation Paper that aims to support a modern, transparent and efficient VAT administration system in South Africa. The Consultation Paper outlines a proposed digital VAT model that brings together e-invoicing, an interoperability framework and e-reporting to reposition VAT administration for the economy, ease compliance obligations and strengthen oversight.

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