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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

Launch of SAWEM delayed, but NTCSA says preparations are well advanced

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The National Transmission Company South Africa (NTCSA) has confirmed that the target date of April 1, 2026, for the launch of the South African Wholesale Electricity Market (SAWEM) will not be met, and has announced that the launch has been delayed to the third quarter of 2026. The delay is not unexpected, and followed an assessment undertaken with the National Energy Regulator of South Africa (Nersa) and industry participants, where it was concluded that additional work was required to ensure that all market, operational and regulatory requirements were fully in place ahead of the launch.

Middle East crisis underlining relevance of supply strength of South Africa’s Omnia

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At this time of crisis in the Middle East, the supply chain strength of South Africa’s Omnia is of major relevance from mining and agriculture perspectives. The Johannesburg Stock Exchange-listed Omnia has a strong grasp of ammonia-based emulsion and explosives inputs as well as key detonator capability, which adds value to mines by providing appropriate fragmentation and ensures that mines have the inputs to blast when they need them, which is so relevant amid what is being faced today – Middle East supply chain disruption.

Energy Council says ‘phased transition’ to State-owned TSO needed to mitigate risks

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The Energy Council of South Africa has reiterated its support for the creation of an independent, State-owned Transmission System Operator (TSO), but has also called for a “phased transition” to mitigate the commercial and fiscal risks associated with Eskom’s unbundling. In a statement issued on behalf of the council’s board, which is chaired by Sasol’s Simon Baloyi, the council welcomed the creation by President Cyril Ramaphosa of a task team to develop an implementation roadmap for an independent TSO that would also own the transmission assets. 

Renewed urgency on reforms needed to ensure ‘economic lift-off’ – BER

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South Africa could grow by at least 3% and create 2.4-million more jobs by 2030 relative to 2025 if it doubles down on catalytic reforms, but it must act with renewed urgency if it is to convert rising confidence into “economic lift-off”, research organisation the Bureau for Economic Research (BER) asserts. In its ‘Scenarios for the South African economy: 2026 – 2030’ report, the BER says South Africa’s growth prospects have perked up as structural reforms are starting to take hold, noting, however, that improved sentiment has yet to translate into the fixed investment needed to spur a rapid recovery.
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