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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

V&A Waterfront to build R230m superyacht marina

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The V&A Waterfront says it will invest R230-million to construct a purpose-built superyacht marina. A superyacht is a large, luxury private or chartered yacht, typically exceeding 24 m (79 feet) in length, and carrying high-end amenities and a professional crew.

ACI keeps steady in fourth quarter, will need more interest rate easing to grow

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The Afrimat Construction Index (ACI) increased only marginally, by 0.3%, year-on-year but decreased by 1.1% quarter-on-quarter in the fourth quarter of 2025, remaining at about 100. The index was bolstered by a solid 5.4% increase in the volume of building materials produced and a 2.2% real increase in the value of building materials, on a year-on-year basis.

South Africa’s economic hub ‘trapped’ in stagnation, report says

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Gauteng, the South African province that’s home to Johannesburg and the capital Pretoria, is struggling to grow and its shift from manufacturing and mining to a services hub is deepening inequality. That’s according to the provincial government, which said urgent action is needed to arrest the decline. In a 153-page development plan presented on Thursday, it stressed the need to create new industries, boost employment and improve crumbling infrastructure. “If we can’t get Gauteng right, we can’t get South Africa right,” Gauteng Premier Panyaza Lesufi told an event in Johannesburg to launch the report. Gauteng’s stagnation is at the heart of the struggle to boost growth in Africa’s most industrialised economy, which has languished for more than a decade.

R54bn performance-based grant launched to support metro infrastructure delivery

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The National Treasury has officially launched a R54-billion performance-based grant in a bid to increase investments in water, sanitation, electricity and waste infrastructure services by the country’s eight metropolitan municipalities, or metros. Known as the Metro Trading Services Reform, the performance-linked incentive aims to mobilise more than R100-billion in infrastructure investment over the coming six years, with recipient municipalities required to match the infrastructure grants with their own revenues and borrowings.
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