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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

Views on Itac's upward adjustment of sugar import duties still largely divergent

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With the International Trade Administration Commission of South Africa (Itac) having adjusted upwards the dollar-based reference price (DBRP) for sugar imports from $680/t to $785/t this week, industry body SA Canegrowers welcomed the adjustment but sugar manufacturer Illovo Sugar believed the adjustment fell materially short of what was required. SA Canegrowers' view is that the upward adjustment of the DBRP is critical to the sustainability of the domestic sugar industry, which is contending with a flood of heavily subsidised sugar imports.

Koeberg takes Unit 1 offline after turbine trip

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State-owned power utility Eskom says Unit 1 of the Koeberg Nuclear Power Station was taken offline safely and within procedure early on August 28 following a turbine trip. The cause of the turbine trip is currently under investigation. Eskom will provide updates as new information becomes available.

South Africa lays groundwork for debut sovereign green bond

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South Africa is targeting a debut sovereign green bond as soon as this fiscal year to help raise the R3.7-trillion needed to mitigate the effect of greenhouse gas emissions over the next decade. “Aspirationally, we would like to issue something within this fiscal year, so we’ve got from now until March 2027,” Wanga Cibi, chief director for liability management at the National Treasury, said in an interview. “If not, definitely in the 2027-28 fiscal year.”
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