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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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Metair warns of earnings hit as Durban port delays drive up costs

JSE-listed automotive group Metair Investments has warned shareholders that severe congestion at the Port of Durban will heavily affect the company’s bottom line, estimating unrecoverable additional costs at 20% to 25% of its prior-year earnings before interest, taxes, depreciation and amortisation (Ebitda). The company says that, among other issues, the implementation of the new terminal operating system has severely disrupted container handling and equipment failures, while limited crane availability has compounded the problem, with delays at times reaching 20 days.

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