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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

Icasa approves Vodacom, Maziv deal

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The Independent Communications Authority of South Africa (Icasa) has approved telecommunications group Vodacom’s acquisition of a 30% interest in Maziv. All other conditions precedent have been met, with the transaction implementation date set at December 1.

Trump says South Africa won't receive invitation to G20 in 2026

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President Donald Trump said on Wednesday that South Africa would not receive an invitation to participate in next year's G20 summit in Florida, after the US boycotted the leaders' summit in Johannesburg last week. The Group of 20 leaders adopted a declaration on Saturday in addressing the climate crisis and other global challenges despite US objections, prompting the White House to accuse South Africa of weaponising its leadership of the group this year.

Four sluice gates at Vaal dam reopened

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The Department of Water and Sanitation (DWS) has reopened four sluice gates at the Vaal dam, increasing the water outflows of the dam from 325 mᵌ/s to 950 mᵌ/s. This brings the total number of sluice gates open to seven, to manage the rising water levels as rainfall persists.

National Treasury issues new infrastructure, development finance bond

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The National Treasury has launched a new infrastructure and development finance bond, which will be issued to the market under government’s domestic borrowing programme. This is part of a suite of reforms, first outlined in the 2024 Medium-Term Budget Policy Statement (MTBPS), to boost investment in the infrastructure needed to foster stronger economic growth and service delivery, including by developing new long-term financing instruments.
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