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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

Estimates for late mandarin exports are stable – CGA

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Industry organisation the Citrus Growers’ Association of Southern Africa (CGA) says its late mandarin export estimate for the 2026 season confirms that there is stability in production, although the numbers show a slight decrease compared to last year's late mandarin export figures. This also represents a stabilisation after consecutive years of strong growth.

Metair refinances remaining South African subsidiaries' debt package

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JSE-listed automotive components manufacturer Metair has refinanced the R3.3-billion debt package of its remaining South African subsidiaries to extend the term of the debt package to five years. This enables the repayment profile to match the expected earnings growth and cash flow, including the elevated capital expenditure planned for the financial year ending December 31, 2026, that will cater for a key customer model changeover.

IDC addresses public scrutiny, repositions itself

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South African development finance institution (DFI) the Industrial Development Corporation (IDC) has reaffirmed its commitment to supporting black‑owned and black-controlled enterprises, on the back of public reports of allegations of anti‑transformation practices and governance concerns. This follows media reports that the IDC’s lending practices have come under scrutiny, as several black-owned companies are facing liquidation over loan repayments.

Utilities, fuel prices impact more on households than food inflation – BFAP

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State-owned Eskom’s 8.76% hike in electricity tariffs for the 2026/27 financial year, combined with higher fuel prices, are compromising the food security of South African households by eroding disposable income, says agricultural research organisation the Bureau for Food and Agricultural Policy (BFAP). These increases are also expected to impact on food retail prices within the next two to three months.

Wine industry welcomes zero-tariff access to China market

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South African wine industry organisations South Africa Wine and Wines of South Africa (WoSA) have welcomed the zero-tariff regime on South African wine exports to China, which is expected to come into effect from May 1. Under the new tariff rate arrangement, qualifying South African wine exports that meet rules of origin and customs requirements will benefit from 0% tariffs for a two-year period.
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