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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.
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FOLLOWING significant growth in the renewable energy business, 
AfriCoast Engineers SA has developed a sister company to exapnd
its vision.

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

City of Joburg failure poses risk to economy – Mavuso

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The failure of the City of Johannesburg poses a systemic risk to the entire economy, says business organisation Business Leadership South Africa CEO Busisiwe Mavuso. The city accounts for 16% of the country's GDP and provides vital services across much of the economic base. Repeated failures in water supply, electricity and road maintenance are becoming an unacceptable risk for business.

Govt writes off e-toll debt, but those who paid will not receive refunds

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The Department of Transport (DoT) welcomes Cabinet's approval of State-owned South African National Roads Agency Limited’s (Sanral’s) plans to close the Gauteng Freeway Improvement Project (GFIP) e-toll historical debt, which also sees the resolution of all outstanding litigation matters. The closure of the GFIP e-toll debt is intended to provide certainty, resolve historical debt matters and support a sustainable approach to the funding, maintenance and improvement of South Africa’s national road network.

Growthpoint achieves record-low pricing on R1.8bn oversubscribed bond issuance

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JSE-listed real estate investment trust (Reit) Growthpoint Properties has successfully issued R1.8-billion in senior unsecured bonds in a significantly oversubscribed auction. The issue initially targeted between R1-billion and R1.5-billion and attracted keen investor appetite with bids of over R6.5-billion – more than four times the initial target.

Dubai Chamber of Commerce holds trade meetings with South African counterparts

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The Dubai Chamber of Commerce recently hosted a series of bilateral business meetings between companies from Dubai and South Africa, in Johannesburg, noting that businesses in both markets see growing opportunities to strengthen ties. The delegation from Dubai featured representatives from 24 companies operating across diverse sectors, including construction and building materials; electronics; engineering; environmental solutions; fast-moving consumer goods; food and beverages; healthcare; information and communications technology and innovation; investments; manufacturing; and retail.
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