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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

NPC Chlorchem undertakes another 17.5 MW solar installation at its main site

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Chlorine producer NPC Chlorchem and renewable energy company Terra Firma will undertake another 17.5 MW solar installation at NPC’s main production site, in Kempton Park. When combined with an existing 10 MW on-site solar plant, the installation will be one of the largest standalone behind-the-meter industrial installations in South Africa.

NCP Chlorchem undertakes another 17.5 MW solar installation at its main site

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Chlorine producer NCP Chlorchem and renewable energy company Terra Firma will undertake another 17.5 MW solar installation at NCP’s main production site, in Kempton Park. When combined with an existing 10 MW on-site solar plant, the installation will be one of the largest standalone behind-the-meter industrial installations in South Africa.

Local government expenditure expected to exceed revenue for next three years - Treasury

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National Treasury has published the 2025/26 Medium Term Revenue and Expenditure Framework (MTREF) operating and capital budgets of municipalities, which shows that the aggregated budgeted revenue for 2025/26 is R675.8-billion, which is expected to increase to R712.6-billion in 2026/27 and R753.5-billion in 2027/28. However, total municipal expenditure in 2025/26 is estimated to be R698-billion, which exceeds the budgeted revenue for that period, increasing to R728.3-billion in 2026/27 and R764-billion in 2027/28, which also exceed the budgeted revenue for those periods.

Fairvest delivers strong distribution growth, surpasses guidance

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JSE-listed property group Fairvest has reported a yearly distribution of 142.57c per A share and 48.15c per B share for the financial year ended September 30, surpassing the guidance provided to the market. The company noted a reduction in vacancies to 4.1% from 4.3% in the prior financial year and boasted like-for-like net property income growth of 5.8%. Positive rental reversions improved from 3.6% to 4.8%.

ASP Isotopes sponsors Photonics Chair at Wits to support light science

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US-based advanced materials company ASP Isotopes, which has a secondary listing on the JSE, has established a Photonics Chair at the University of the Witwatersrand (Wits) for a period of three years. ASP Isotopes’ donation and involvement at Wits is expected to strengthen South Africa’s photonics research capabilities, including by supporting the work of the Structured Light Laboratory, in Wits’ School of Physics.
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