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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

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Fitch expects South Africa to set 3% inflation target in November

Fitch Ratings expects South Africa to announce a revised 3% inflation target during November's medium-term budget policy statement, a senior analyst said on Tuesday. Central bank Governor Lesetja Kganyago said earlier in October that the central bank and National Treasury agreed the inflation target should be lowered but they were still discussing when to make the change. "It doesn't mean that it will strictly be implemented immediately," Thomas Garreau, Director for Middle East and Africa Sovereign Ratings at Fitch, said during a media briefing. "We do consider that South Africa's Reserve Bank will have some tolerance for inflation," and not hike rates as a result Garreau added.

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