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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

IHS shareholders green light MTN transaction

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JSE-listed MTN Group has secured IHS shareholder approval to acquire the remaining shares it did not own in the tower company. In February, JSE-listed MTN Group announced plans to increase its 24.7% shareholding in IHS to 100%.

NTCSA looks to Chinese investment to bolster TDP rollout

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South Africa's electricity sector is facing an "interesting challenge", with the grid not designed for dispatched generation of intermittent energy sources, National Transmission Company of South Africa (NTCSA) CEO Monde Bala told delegates at the South Africa-China Electricity & Energy Investment Conference, being held in Beijing, China, this week. To accommodate the changes in the energy mix and the change in geographical location of those energy sources, the NTCSA, a subsidiary of State-owned power utility Eskom, is undertaking the Transmission Development Plan (TDP). However, it does not have the requisite capacity to undertake the necessary expansion of the grid on its own and is calling on international partners to assist.

South African court orders reinstatement of PIC CEO

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A South African court on Tuesday declared invalid the suspension of Public Investment Corporation (PIC) CE Patrick Dlamini by the board, ordering his reinstatement at the helm of the embattled state asset manager. The PIC manages more than R3-trillion ($183-billion) in assets and is the biggest investor on the Johannesburg Stock Exchange.

Procurement must create resilience and enable growth – Makhubu

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Procurement should not be measured by whether it secured the lowest price, but whether it creates resilience, enables growth and protects national competitiveness, South African Revenue Service (SARS) Commissioner Dr Johnstone Makhubu said. Procurement and supply chain professionals must become architects of economic growth, infrastructure delivery, investment confidence and national competitiveness, if Africa is to realise its enormous economic potential, he said at the Chartered Institute of Procurement and Supply (CIPS) Southern Africa conference, on August 4.

50 MW Ilikwa solar PV facility in Free State achieves commercial operation

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Renewable energy company Mainstream South Africa's 50 MW Ilikwa solar PV facility has achieved commercial operation and marks the start of supplying commercial electricity to multiple private commercial and industrial customers. Located near Parys, in the Free State, the project is part of South Africa's rapidly expanding private electricity market and reflects the accelerating liberalisation of South Africa's electricity market.
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