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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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Lower inflation to benefit economy more slowly in face of steep administered prices – Absa CIB

Lower inflation would help to reduce inflation expectations and inflation over the long term and, ultimately, lead to lower interest rates, which would benefit consumers by lowering debt-servicing costs and possibly provide space for stronger credit growth. However, while financial services firm Absa Corporate and Investment Banking (CIB) agreed with the South African Reserve Bank (SARB) that lower inflation would provide benefits, fuel price inflation owing to low-base effects, steep administered price increases and rising food price inflation were likely to contribute to inflation remaining higher for longer than the SARB expected.

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