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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

South Africa boosts deportations amid jobs crisis, Schreiber says

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South Africa is pushing to deport more undocumented migrants who compete with citizens for jobs in an economy with one of the highest unemployment rates globally, the minister overseeing the programme said. The nation “is a neglected part of the global migration story,” with the contestation between foreigners and locals for positions becoming “a real tinderbox,” Home Affairs Minister Leon Schreiber said in an interview on Bloomberg Television Friday. “We’ve deported 51 000 people in the last year — that’s more than France and Germany combined. If we had more resources, we’d be doing more of that.”

Lower CPI goal may save S Africa R900-billion in debt costs

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Reserve Bank Governor Lesetja Kganyago emphasised the benefits of a lower inflation goal, saying it could save the government as much as R900-billion over a decade in debt-service costs. “What we are showing by lowering the inflation target is that government will be able to save in debt servicing costs,” Kganyago told an audience at the release of the bank’s semi-annual Monetary Policy Review on Thursday in the capital, Pretoria. “Over a 10 year period, we estimate that to be about R900-billion. To take a straight line over 10 years, it’s about R90-billion a year.” South Africa currently spends 22 cents of every rand on debt-service costs, crowding out investment in health and education.

Nersa processes mean than public could still influence development of SAWEM

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The South African electricity market is undergoing a major change, with the development and implementation of the South African Wholesale Electricity Market (SAWEM). “We’re currently in a transition phase,” pointed out National Electricity Regulator of South Africa (Nersa) executive manager of electricity Rhulani Mathebula, in a panel discussion at the Windaba 2025 conference, at the Cape Town International Convention Centre, on Thursday. This transition phase is defined as lasting five years. Under SAWEM, the market operating entity will be the National Transmission Company South Africa (NTCSA). This is being created out of national electricity utility Eskom.
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