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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

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Late payment crisis detrimental to SMEs, Business Partners says

The National Treasury’s latest payment data shows a worsening late payment crisis across national and provincial government departments, raising concerns about the sustainability of current payment terms for South African small and medium-sized enterprises (SMEs), SME business loan provider Business Partners warns. At the end of the second quarter of 2025, 95 399 invoices older than 30 days, with a combined value of R12.4-billion, remained unpaid. This represents a regression of 17%, or an additional 13 663 unpaid invoices, compared with the end of the first quarter, when 81 736 invoices were outstanding, the company points out.

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